Regina-Viterra Inc. reports that it has pre-approved over 19,000 customers for credit financing to date, totaling over $830 million. “Given the recent media attention surrounding tightening credit markets, it is important for our farm customers to know that our financing, which is backed by Scotiabank, has not been affected by these conditions,” said George Prosk, Viterra senior vice president, financial products. “We expect to extend a total of $1.4 billion in credit by spring of next year. Our competitive rates and repayment terms allow our customers great flexibility to make purchases as they see fit while managing their cash flow requirements.” Viterra offers its customers credit throughout the year to assist with their purchases of farm supplies such as seed, fertilizer, crop protection products, and equipment. Additionally, Viterra offers a financing package through its livestock feed and services division.
Transparency Across the Fertilizer Value-Chain