BUENOS AIRES, Argentina – Louis Dreyfus Company has announced an agreement with Bind Garantías SGR (Bind Garantías), Grupo Bind’s Reciprocal Guarantee Company, to facilitate access to credit for its customers through a simple digital platform, and thus reinforce its commitment to supporting agricultural producers during their productive cycle.
The agreement will allow producers to continue buying LDC inputs – Macro Seed seeds, Macro Protect crop protection products and Macro Fertil fertilizers – through deferred payment check discounts in the stock market, up to a sum in pesos equivalent to US$60,000, payable after the harvest or up to 270 days, enabling them to adapt these commitments to their business cash flow.
“The initiative aims to provide financial relief to local producers, meeting their investment and cash flow needs over a longer term. It is also a very timely solution in today’s uncertain context with regard to access to competitive financing options,” explains Matías Trotta, LDC’s Regional Fertilizers and Inputs Commercial Manager for South & West Latin America. “We worked to make online applications as smooth as possible, with online documents that are quick and easy to complete, and to ensure that applicants receive an immediate response through the platform.”
President of Bind Garantías, Julieta Sullivan, adds: “At Bind Garantías our purpose is to exceed the expectations of SMEs and thus support their development. Through this alliance with Louis Dreyfus Company – one of the sector’s leading companies – and our digital platform, we renew our support to agricultural SMEs, so that they not only have access to competitive financing conditions, but also easily and online.”
The partnership between LDC and Bind Garantías underlines the commitment of both companies to national agricultural production, facilitating and enabling access to the necessary inputs for Argentine producers to continue enhancing their crops.