NK Brand Seeds announces its 2006 payment options, featuring zero percent financing or great early pay savings with the AgriFit™ Plan.  Community Choice™ financing also will be available at a growing number of local banks.

“We are excited to offer our new zero percent interest financing option for 2006 NK Brand Seeds purchases,” said Eric Brown, marketing programs manager for NK Brand Seeds.  “Not only does NK Brand deliver top-performing seed products, we also provide convenient ways to purchase them.  Our customers can find the option that best fits their business model. 

The AgriFit Plan includes the new option of a zero percent interest rate on financing for orders placed by Jan. 15, 2006.  Or, growers can opt for competitive early pay savings and financing at prime (variable) interest rates through Jan. 15, 2006, or prime-plus-1 percent (variable) rates through May 15, 2006.  All AgriFit Plan choices are offered through Farm Plan™ and Rabo AgriFinance, respected national lenders.

For growers who prefer a local financing option, Community Choice financing is available at more than 1,000 local banks, offering a competitive 2 percent interest rate buy-down on purchases of $7,500 or more through participating lenders.  Early pay savings also are available through Community Choice.  With easy enrollment for both growers and lenders, Community Choice loans are like any other from the local bank with the addition of one simple document.

“Community Choice provides a competitive interest rate, while allowing growers to work with the local lenders they know and trust,” Brown said.  “With Community Choice, growers have the added satisfaction of supporting their local economy, since their money stays in the community.”

For growers not taking advantage of the financing options, the following early pay savings apply to all cash payments: 8 percent by Dec. 15, 2005; 7 percent by Jan. 15, 2006; and 4 percent by Feb. 15, 2006.  In addition, the NK Brand Early Commitment Bonus program allows growers to earn a 2 percent bonus on orders paid for by Nov. 23, 2005. 

“Determining how crop inputs are paid for is a critical decision that growers face every year,” Brown said.  “NK Brand Seeds understands that different growers have different needs when it comes to financing and payment for inputs.  We offer better choices that provide flexibility to support customer success.”

NK Brand Seeds is a trusted hybrid corn, soybean and alfalfa seed supplier with more than 100 years of service in the marketplace.  The brand provides growers more yield and better choices for the way they farm through innovative products and solutions.  Located in Golden Valley, Minn., NK Brand Seeds is part of Syngenta. 

Syngenta is a world-leading agribusiness committed to sustainable agriculture through innovative research and technology.  The company is a leader in crop protection, and ranks third in the high-value commercial seeds market.  Sales in 2004 were approximately $7.3 billion.  Syngenta employs some 20,000 people in over 90 countries.  Syngenta is listed on the Swiss stock exchange (SYNN) and in New York (SYT).  Further information is available at www.syngenta.com.

NK®, AgriFit™, Community Choice™ and For The Way You Farm® are trademarks of a Syngenta Group Company. 
Farm Plan™ is a service of FPC Financial, f.s.b.