Interest Free Financing Seed 0% 2014-2015 ENROLL BY MARCH 31, 2015 AND RECEIVE 0% FINANCING
SEED 0% FINANCING PROGRAM is excited to announce its Seed 0% Program for the 2015 crop season. This year s offer provides customers with interest free (0%) financing on Asgrow, DEKALB, and Deltapine (germplasm only) brand seed product purchases. PROGRAM HIGHLIGHTS Program Eligibility Customers must have an active Monsanto Technology/Stewardship Agreement ( MTSA ) and dealers must have an active Monsanto Brand Seed Dealer Agreement ( MBSD ). The maximum eligibility amount will be determined based on the information supplied on the credit application. Minimum Asgrow, DEKALB, or Deltapine seed financed is $2,500. Please see your Asgrow, DEKALB, or Deltapine authorized dealer for specific requirements. Interest Rate This year the interest rate for customers using the Seed 0% Program is 0% through the due date, if you sign up (application received) by March 31, 2015. Early Cash Discount and Financing Options Grower can participate in Early Cash and one financing option for seed purchases but not on the same dollar amount or the same unit of seed. All herbicide financing must go through Flex+ offer. Customer Due Date All purchases made under the Seed 0% Program are due on or before November 25, 2015. If the account is not paid in full by the due date, finance charges equal to the lesser of 18% annual percentage rate (1.5 per month) or the maximum allowable by law will be charged on the account balance remaining at the end of each month.
PROCESS Enrollment Process All 2014 participants in good credit standing will receive a letter with enrollment status for the 2015 season. Preapprovals are subject to 2014 account balance paid according to terms. If you participated last year and are unsure of your status, please contact your dealer. Online Seed 0% applications are available via www.aganytime.com. New participants need to either apply online or Fax the application and financing agreement to 314-694-2243. You may also e-mail us at farmflex.credit@monsanto.com or submit the application and agreement to the following address: Grower Financing Operations 800 North Lindbergh Blvd. Mail Zone - B2NB St. Louis, MO 63167 Approval Process A Credit Specialist will review your credit application and make a determination of the approved credit line within 30 days of receipt of completed information. If the application is submitted online, you may be notified via e-mail within 24 hours. If additional information is needed concerning the application, the Grower will be contacted directly to gather the required information. Once a decision has been made, the Grower will be notified in writing of the credit decision and the applicable assigned credit line. Increasing Credit Lines If you wish to increase your credit line after the initial application, please contact your Dealer or the FarmFlex Grower Financing team. Otherwise, you can send your updated financials and the requested credit limit to the FarmFlex Grower Financing team via fax at 314-694-2243 or e-mail at farmflex.credit@monsanto.com Statements Once the account has activity, the customer will receive a statement showing the amount due and the due date. Monthly statements will be mailed until the account has been settled in full. Payments The full amount is due by November 25, 2015. Electronic Payments Please login to your mymonsanto.com account to access this payment option Check Payments: Regular Mail PO Box 204070 Dallas, TX 75320-4070 Overnight Mail Lockbox Service #204070 Seed 2975 Regent Blvd Irving, TX 75063 Phone number: 800-289-3557 (if required by the carrier for delivery) Wire/ACH Transfers Wells Fargo ABA 121000248 Account # 4132820663 Account Name: Seed Wire Detail: Customer Name and account number Check by Phone This option is free of charge: please contact the Credit Department at 800-335-2676 opt. 5 The check should clearly identify the account name, account number, and Seed 0% payment. Correspondences All correspondences related to this program can be e-mailed to farmflex.credit@monsanto.com or mail to the following address: Grower Financing Operations 800 North Lindbergh Blvd. Mail Zone - B2NB St. Louis, MO 63167 Help is Available For more information or to ask a program-related question, contact your local Dealer or call the FarmFlex Grower Financing team at 1-800-335-2676, option 5.
INTEREST FREE SEED FINANCING APPLICATION APPLICATIONS MUST BE RECEIVED BY MARCH 31,2015 AN INCOMPLETE APPLICATION WILL DELAY CREDIT REVIEW - ALL FIELDS REQUIRED Operation Type: (Check One) Legal Name First Mailing Address City/State/Zip Last Partnership* Limited Liability Company Individual Corporation *Application must be signed by a general partner. Date of Birth SS# Taxpayer ID# Years in Business? Phone Number and Cell Phone Number Email Address Physical Address (if different from mailing address) Monsanto Technology License # (required) [REQUESTED CREDIT LIMIT $ ] CURRENT FINANCIAL CONDITION (Must be completed in full) INCOME Gross Farm Net Farm Other LAND Acres Owned Acres Farmed Corn Acres Soybean Acres Cotton Acres Other Acres Who financed your seed purchases last year? Company Name: Contact: Phone #: Have you ever been in bankruptcy? Yes No If yes, when? Chapter Discharge Date Do you have any unsatisfied judgements? Yes No PLEASE ATTACH CURRENT FINANCIALS (Less than 1 year old) If requesting over $50,000 Required: Current Balance Sheet If requesting over $250,000 Req uired: Current Balance Sheet, Current Income Statement, and Latest Income Tax Return BANK REFERENCE/PRIMARY LENDER TRADE REFERENCE (other than Monsanto dealer) Name: City, State: Name: City, State: Contact: Account # Phone # Fax # Contact: Account # Phone # Fax # The undersigned authorizes or its assignee to give or obtain credit information and release and hold harmless and its assignee, if any, and any lender or grantor of credit information from any and all claims or causes of action that may arise relating to the use or transfer of this credit information. The undersigned declares that all information is correct to the best of their knowledge. Customer Signature Date Co-Applicants Dealer Name: Dealer # City, State, Phone # Send Completed Application To:, Grower Financing Operations, 800 North Lindbergh Blvd., Mail Zone B2N B St. Louis, MO 63167 (800) 335-2676, option 5, Fax #314-694-2243 USA PATRIOT ACT - Customer Identification Program - Enacted to help the government fight the funding of terrorism and money laundering activities. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who applies for a loan. When you apply for a loan we ask you for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver s license or other identifying documents. Asgrow and the A Design, Asgrow, DEKALB and Design, DEKALB and FarmFlex are registered trademarks of Monsanto Technology LLC. Deltapine is a registered trademark of. 2014. ED 08/25/14
INTEREST FREE FINANCING AGREEMENT The person signing below ( Customer ) agrees to pay ( Monsanto ) for the purchase of Monsanto seed products that Customer has purchased from the Dealer listed below and that the Dealer has assigned to Monsanto pursuant to the terms of Monsanto s current Seed 0% Financing Program. The amount of Customer s purchases that the Dealer may assign to Monsanto is limited to the Customer s credit limit approved in relation to this Dealer. Monsanto may change or withdraw that credit limit at anytime, except to the extent seed that has already been delivered to Customer within the Customer s former credit limit. Customer will provide Monsanto financial information whenever Monsanto requests it. Customer agrees to pay Monsanto according to the terms of Monsanto s Seed 0% Program for the applicable year. If Customer has not received a copy of the current year s Seed 0% Program or needs an additional copy, Customer may obtain a copy of the current year terms from the Dealer or by calling Monsanto at 1-800-335-2676 option 5. AMOUNT DUE: Customer will pay the Total Due on the Delivery Receipt, on the invoice the Dealer assigns to Monsanto, or on the amount of Customer s purchases assigned electronically by the Dealer to Monsanto, plus interest to the date of payment in full, which shall not be later than the Scheduled Due Date as listed in the current Monsanto Seed 0% Program. EARLY PAYMENT DISCOUNT: If Customer pays for an assigned order in part or in full on or before early cash discount program deadline for the current season, as to that portion that has been paid by that date it (i) will be removed from the Seed 0% Program, (ii) the amount paid will be recalculated using the applicable early cash discount, if any. ASSIGNMENT AND GOVERNING LAW: If Monsanto sends Customer a notice that it has denied credit, Dealer may require Customer to pay the order in cash prior to delivery. Monsanto will send Customer a statement of the transaction following credit approval and delivery of product. By signing below, Customer consents to assignments of Customer s account with the Dealer including any assignments to Rabo Agrifinance, Inc., and agrees to send payment directly to the address specified by Monsanto. This Agreement shall be governed by the laws of the State of Missouri. DEFAULT: If Customer fails to pay for an assigned order plus the applicable interest, if any, in full on or before the Scheduled Due Date, Customer shall pay Monsanto (i) the Total Due shown on the assigned Delivery Receipt, invoice, or the electronic assignment plus the applicable interest, (ii) a default charge starting the day after the Scheduled Due Date at the rate published in the Seed 0% program on that Total Due plus the accrued interest, and (iii) reasonable attorneys fees, collection agency fees, and court costs incurred by Monsanto in the event it is necessary to obtain assistance in collecting. Customer Signature Date Co-Applicants Signature Date Customer Print Name Account # Co-Applicants Print Name Date ASSIGNMENT: Dealer will assign the right to receive payment for Monsanto seed products pursuant the Seed 0% Interest Free Financing Agreement to Monsanto. The assignments are effective only to the extent credit is available to Customer that is associated with Dealer and are effective when the Dealer assigns the Delivery Receipt to Monsanto by marking the appropriate place on the Delivery Receipt and delivering it to Monsanto, Dealer assigns an invoice to Monsanto by indicating an assignment to Monsanto or Seed 0% on the invoice and delivering it to Monsanto, by assigning the Customer s transaction to Monsanto by marking the appropriate place in the SeedTrak or MyMonsanto computer program or any similar computer program sponsored by Monsanto. The right to receive payments may further be assigned by Monsanto to Rabo Agrifinance, Inc. Dealer agrees that (i) this Agreement incorporates Monsanto s most recent Seed Operations Manual; is genuine and legally enforceable; (ii) the seed products and sales price described in the assignment to Monsanto have been or will be delivered as agreed with Customer; (iii) Dealer will retain for three years and forward to Monsanto if requested, any Delivery Receipts signed or received by Customer for this transaction; (iv) Dealer has made no warranties to Customer, except such as appear on the Delivery Receipt; and (v) to Dealer s best knowledge, the related Seed 0% Financing Application contains no untrue statements or omissions that might influence Monsanto s credit decision. Dealer Signature Date Dealer Print Name Account #