Performance Financing by John Deere Financial
DEKALB and Asgrow Program Details
John Deere Financial
- Financing for corn, sorghum, spring canola, spring alfalfa and soybeans
- Up to a 7% seed discount
- Fixed 0% or Prime -1% Interest Rates
Eligible on DEKALB and Asgrow brand seed including corn, sorghum, spring canola and soybeans. Farmer payments are due November 2023.
Prime -1% APR |
|
| Dealer Submits Purchase to John Deere Financial by: | Discount Rate |
|---|---|
| Nov. 18, 2022 | 5% off |
| Jan. 13, 2023 | 2% off |
| June 30, 2023 | 0% off |
Prime 0% APR |
|
| Dealer Submits Purchase to John Deere Financial by: | Seed discount |
|---|---|
| Nov. 18, 2022 | 1% |
| Jan. 13, 2023 | 0% |
| June 30, 2023 | N/A |
Additional Information
$2,500 Minimum Purchase/Finance amount required for all eligible products.
Finalize program selection prior to submitting transactions to John Deere Financial.
Purchases may not be transferred between finance programs after posting to the Multi-Use Account.
Farmer payment due date is November 2023 (statement due date).
A Seed Dealer account must be a Direct Branded Seed Dealer type to submit transactions on www.JDFMerchantService.com to apply for financing with the DEKALB® Asgrow® Deltapine® Performance Financing by John Deere Financial.
A farmer can participate in Performance Financing by John Deere Financial and Fixed 0% Interest Financing Program (FARMFLEX) but not on same unit/dollar.
Dealer must submit NET Dealer Cash Prepay and, purchase transactions (less seed discount) via www.JDFMerchantService.com by the above submission deadline in order to receive the applicable discount and financing rate.
The system opens Sept. 1, 2022, for DEKALB and Asgrow brand seed and Feb. 1, 2023, for Deltapine brand cotton seed.
June 30, 2023, is the last day to apply Performance Financing Seed Merchandise Credits via www.JDFMerchantService.com.
Farmer must have an Agricultural Preferred Multi-Use Account with an approved Special Terms credit limit.
Farmer must have an active Technology/Stewardship Agreement.
Signed Sales Invoice — Obtain the signature of the customer or authorized signer on the John Deere Financial Multi-Use Account sales ticket. Please keep the signed John Deere Financial invoice along with your in-house receipt for seven years.
Registration can be completed online at www.JDFMerchantService.com.
Also available online are: customer lookup, account credit status, credit application and merchant reports.
Customer Name and Account Report identifying customers who have financed with John Deere Financial is available on the website at www.JDFMerchantService.com.
For billing corrections or returns instructions, select “User Manual” under “Online Transaction Center” and then select “Submit Credit.”
Offer is subject to change or termination without prior notice due to unprecedented changes in market conditions. Change or termination of offer will not impact previously posted transactions.
For assistance, contact your local John Deere Financial Area Sales Manager or Merchant Service
Bayer reserves the right not to pay any commission, incentive, rebate, refund, discount or other promotional payment on units of eligible products under this program where the sale is executed via an online electronic point of sale system unless approved by Bayer in writing.
1 Offer valid on qualifying purchases made between Sept. 1, 2022, and Jan. 13, 2023. Fixed 0% APR from the date of purchase, which may be prior to delivery, until November 2023, when the entire transaction amount is due in full. Regular Multi-Use Account rates will apply after that date. Offer is subject to change or termination without prior notice due to unprecedented changes in market conditions. Changes or termination of offer will not impact previously posted transactions.
2 Offer valid on qualifying purchases made between Sept. 1, 2022, and June 30, 2023. Prime Rate - 1% additive rate APR from the date of purchase, which may be prior to delivery, until November 2023, when the entire transaction amount and accrued interest are due in full. Regular Multi-Use Account rates will apply after that date. The Prime Rate will vary with the Citibank Prime Rate. The additive rate is subject to change without prior notice due to unpredicted changes in market conditions. Changes to this finance offer will not impact previously posted transactions.
3 Offer limited to Multi-Use Account Agricultural customers with an available Special Terms limit. Subject to the Multi-Use Account credit agreement and approval. Offer may be limited to qualifying products. $2,500 minimum purchase required. Subject to merchant participation. See your local merchant for complete details. Multi-Use Accounts are a service of John Deere Financial, f.s.b.
4 Offer valid on qualifying purchases made between Feb. 1, 2023, and July 31, 2023. Offer limited to Multi-Use Account Agricultural customers with an available Special Terms Credit limit. Subject to the Multi-Use Account credit agreement and approval. Fixed 0% APR from the date of purchase, which may be prior to delivery, until February 2024, when the entire transaction amount is due in full. Regular Multi-Use Account rates will apply after that date. Offer may be limited to qualifying products. $2,500 minimum seed purchase required. Subject to merchant participation. See your local merchant for complete details. Multi-Use Accounts are a service of John Deere Financial, f.s.b.
Disclaimer
ALWAYS READ AND FOLLOW GRAIN MARKETING AND ALL OTHER STEWARDSHIP PRACTICES AND PESTICIDE LABEL DIRECTIONS.