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Agricultural financing and its challenges
The drastic increase in the cost of agricultural inputs, among others, has resulted in an increased demand for alternative production finance, according to Prof Sanlie Middelberg, associate professor at North-West University's Potchefstroom campus's School of Accounting Sciences. Annelie Coleman asked her about the provision of production finance in the sector.
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Please explain the process and sources available for the financing of commercial grain and livestock farmers in South Africa.
All agricultural financiers have to manage their credit risk. The four credit assessment criteria that financiers, especially commercial banks, usually apply when evaluating a farmer’s credit application are...
Read the full interview on Farmer's Weekly.
Source: Farmer's Weekly
Farmer’s Weekly has a long and proud history of serving South Africa’s agricultural industry. Throughout the years, Farmer’s Weekly has been a clarion for South Africa’s farming community and, the magazine remains fully committed to its original undertaking – the advancement of the interests of farmers and their industry.
Go to: www.farmersweekly.co.za