AFGRI Capital provides tailor-made finance to farmers in the
AFGRI service area. AFGRI Capital is governed by the Financial
Services Board (“FSB”) and acts in accordance with the National
Credit Act (“NCA”).
Understanding the importance of synchronicity
amid agricultural cycles
and credit
AFGRI Capital
AFGRI Capital maintains personal,
long term relationships with farmers
and has a thorough understanding of
the agricultural cycle. The extension
of agricultural credit in the form of
short, medium or long term facilities
is then speedily undertaken through
pre-approvals of finance when the
season begins in September. By
March all finance approvals are completed
so that as the planting season
begins facilities can be drawn upon.
All financial products are in line with
agricultural requirements again demonstrating
that AFGRI truly understands
their customers’ needs.
An extension of service provision in
the form of the AFGRI Card, linked to
the credit facility, is available, making
transacting at various outlets easy
and convenient. The AFGRI Card is a
closed-loop card which can be used
at selected pre-approved suppliers.
Suppliers include:
Aerial Farming Services, Alfa-Agric,
Bafana Petroleum Verspreiders, Battery
Centre (Heidelberg / Nigel),
Bio- Minerale, Bouvest, Delmas
Bande, Delmas Batteries, Delmas
Supa Quick, Discount Tractor Parts,
FPS Bulk Diesel, Gracia Petroleum,
Hoëveldrif Chemikalieë, Leandra Diesel
Verspreiders, Link Seed, Model
Auto Electricians, Multi Tyres, Novon
Retail Company, Old Town Investments,
Omnia Kunsmis (Dryden/
Daniëlsrus), Oosvaal Landbou, Pannar
Saad / Seed, PBD Boeredienste,
Porta Verspreiders, Qwemico, Sasol
Chemical Industries, Sky Sprayers,
Slabberts Diesel, Standerton Petroleum,
Vermaas Brandstof, Vrystaat
Petroleum, Wenkem SA, Winkelhaak
Delmas, Winkelhaak Verspreiders
(Ermelo / Hendrina / Newcastle /
Platrand / Balfour).
The AFGRI Card network is supported
through sophisticated banking solutions
and SAP with more than 170
terminals conveniently located in AFGRI
stores and accredited suppliers.
Convenience is of paramount importance
to the service delivery from
AFGRI to the client and so account
limits are loaded onto the card for
purchases against the approved
limit. Further advantages of the card
include:
Direct purchases from
approved suppliers
Immediate access to updated
credit limits and accessible funds
Additional cards can be
linked to one account
Account holders are informed
via sms of activity on the card of
transactions greater than R2,000
Telephonic transactions
are possible without the
card being scanned
Transacting via the card is
convenient and more secure
Transactions are immediately
recorded and statements
updated in real time.
