Credit Update

It seems that perhaps Groundhog Phil was right this season about an early spring. The fields will be busy soon with planters going in full swing.

It’s not too late if you still need to apply for credit for this season. CaroVail’s Ag Finance program can help you fund your 2020 crop input purchases, most with deferred payment until February 1, 2021. For credit qualified producers, the application can be approved within a few days for those requests under $250,000. Contact your CaroVail office or our sales staff to start your application today.

Also, CaroVail is an authorized John Deere Financial merchant for your Ag Preferred Special Terms credit line through JDF. Please let our office now that you would like to use your available JDF credit when you place your spring orders. Minimum purchase is $1,000. The JDF Special Terms credit line offers deferred terms: December 2020, January 2021 or March 2021. You can visit the John Deere Financial website and click on the Agriculture Financing link to apply online.