Fall fertilizer season and wheat planting have already started. It seems like just yesterday we were in the middle of wheat harvest. Progressive Ag will once again be offering CFA Financing to our patrons for the upcoming 2021 crop year.
This year, with the increase in interest rates, we will not be offering any zero percent financing. However, we are offering 2.75% interest on fall planted crops until August 31, 2021, 3.25% interest on spring planted crops until November 30, 2021, and 3.25% interest on seed until November 30, 2021. Several patrons have taken advantage of this program over the last five years and have been very satisfied with how the program works. CFA financing was implemented at Progressive Ag to give our patrons another source of financing. The intent of this program is not to replace our patrons’ current financing, but to give them another option for financing. The inputs financed with this program must be purchased thru Progressive Ag.
The application for CFA financing is a one-page application, which can be obtained by contacting myself at the Danville location or Chaney at the Wellington location. Once the application is complete, it is sent to CFA electronically thru a secure site to be scored by CFA. All applications are signed electronically thru Docu-Sign.
Feel free to give myself or Chaney a call with any questions about the CFA Financing options (620) 962-5238 or (620) 326-7496.