Sustainable growth with a seasonal rice financing package from SeABank

The rice industry is always greatly affected by seasonality, causing many businesses to face cash flow difficulties in purchasing and storing. Understanding that, SeABank has implemented a solution, Seasonal rice sponsorship, helping businesses proactively manage capital and stabilize business operations. Not only providing financial support, the program also opens up opportunities to promote growth, improve production and business efficiency, and create a sustainable foundation for businesses in the rice supply chain.

What is seasonal rice sponsorship?

Seasonal rice financing is a specialized credit solution from the bank, designed specifically for rice businesses. The purpose is to provide timely capital for purchasing, processing, and exporting products, helping businesses proactively follow the seasonal production cycle.

Seasonal rice financing is a financial solution for rice industry businesses

Why is seasonal rice funding becoming increasingly necessary?

Rice trading enterprises often face many challenges, the most common of which are the following risks:

Seasonal nature of the rice industry

The rice production industry is closely linked to the winter-spring, summer-autumn and autumn-winter crops. This requires businesses to have available capital to promptly purchase raw materials, invest in warehouses and human resources at the peak time of each crop.

Price fluctuations and storage demand

As an essential commodity, rice prices will always fluctuate, which will cause difficulties for rice businesses in the process of accumulating reserves. Therefore, timely funding will help enterprises to easily stock up on goods when prices fall. This not only helps stabilize supply but also optimizes profits when market prices rise.

Price fluctuations can cause financial pressure for rice industry businesses

Improve competitiveness and export

Proactive capital not only helps businesses negotiate better with farmers, but also ensures the purchase of large quantities of high-quality rice. Thanks to that, businesses meet the strict standards of the export market, while strengthening their brand and expanding their competitive advantage.

Pressure on capital and cash flow in business

During the harvest season, businesses’ capital needs increase dramatically. Suppose they do not access financial resources promptly. In that case, they may miss out on buying opportunities at good prices, lack raw materials for production, or face cash flow bottlenecks due to the extended agricultural cycle.

Faced with challenges from seasonal factors, finding a stable source of capital and a reliable financial partner becomes a top priority for rice businesses to develop more sustainably.

Rice processing enterprises will need large amounts of capital to purchase during the crop season.

So how can rice businesses overcome these risks and develop sustainably? SeABank offers the solution of "Seasonal rice financing" - a solid source of capital to help businesses feel secure in production and effective business.

SeABank's Rice Industry Business Financing Package helps businesses solve the problem of seasonal capital supplementation

SeABank's Rice Business Financing Package is a comprehensive financial solution, accompanying all stages from raw material procurement to product consumption. With an understanding of seasonality and typical business cycles, SeABank has designed a product that offers the following outstanding advantages:

• Value Chain Financing: Provide flexible capital for all stages in the rice production and business chain, from purchasing, storing, to implementing output contracts.
• Support various export methods: Financing for the most popular international payment methods, such as TTR, Collection, or L/C, facilitating your business's export activities.
• Increase peak season limit up to 130%: Loan limits during peak season can be up to 130%compared to off-season limits, helping businesses optimize business opportunities.
• Competitive funding rates: Offers high funding rates, up to 80% contract value and 90% L/C value, ensuring abundant capital for business activities.
• Flexible collateral: Accept a variety of collateral, including future debt claims and assets specific to the rice industry, facilitating easy access to loans.
• Loan term suitable for business cycle: Design flexible loan terms, closely following the production and consumption cycle of the rice industry, supporting businesses to effectively manage cash flow.

SeABank increases seasonal limit up to 130% of the off-season limit

Conclude

SeABank's seasonal rice financing is not only a simple financial solution, but also a commitment to accompany and help rice enterprises overcome difficulties and make breakthroughs. With timely and flexible capital, enterprises will have more strength to proactively produce, optimize profits, and improve their competitive position in domestic and foreign markets. Let SeABank become your trusted partner.

To learn more and apply for Seasonal Rice Financing solutions at SeABank, please visit the website: https://www.seabank.com.vn/doanh-nghiep or contact Hotline 1900.599.952 (KHDN).