Farmers deserve all the credit they can get, especially when it comes to buying fertilizer. Now, with SuperCredit from Hi Fert, you can buy as much as you need, when you need it and pay for it down the track.
Hi Fert SuperCredit is a deferred payment system that’s been specifically designed to help you keep your cash flow running strong and give you the sort of flexibility that’s essential to running a hard-working business.
SuperCredit is a simple, cost-eff ective plan for Australian farmers and now, it’s better than ever.
Here’s what’s new from Hi Fert SuperCredit:
• You only pay interest on what you take.
• You can now pay early and save interest.
Of course, SuperCredit still has these great features:
• A competitive interest rate that’s fi xed for the term of the contract.
• It’s easy to establish and maintain.
• It’s flexible. As a SuperCredit customer, you can choose your term of between three and nine months.
Applying for SuperCredit is a simple process. When you place your fertilizer order, you just need to ask for SuperCredit and choose the term that suits you best. This can be any time between three and nine months – it’s up to you.
Then, it’s just a matter of fi lling out the application form with the assistance of your Hi Fert dealer, which becomes the SuperCredit Bill of Exchange. This shows the total, which includes the cost of the fertilizer purchased, an establishment fee of $150 and the interest. The interest rate is fixed at the time of order, which helps protect you from any fluctuations in interest rates.
Once the paperwork is received and approved by Hi Fert, the fertilizer can be despatched (normal plant bookings apply). You then pay the total at the due date, or if cash flow allows, you may now choose to pay out early and save on interest.
In addition, if the amount of fertilizer collected is less than the original order value, there will also be a reduction to the total interest payable.
There’s nothing more complicated than that. The only requirement is that you must purchase a minimum of $5,000 of fertilizer and have an approved credit limit in place.
If you have any other queries regarding our SuperCredit system please contact your local Hi Fert dealer
