2024 Input Financing
Program Details
Providing convenient credit for financing your crop inputs.
| Heritage Platinum 4% Under Prime Rate 100% agronomy (seed, crop nutrients, crop protection) + 100% energy or 100% grain (Due January 31, 2025) | Heritage Silver Prime Rate 100% of two out of three agronomy purchases (seed, crop nutrients, or crop protection) (Due November 30, 2024) |
Heritage Gold | Heritage Bronze Prime Rate Plus 1.5% No purchase requirements (Due November 30, 2024) |
Partner Programs
SECURE by WinField United
A single point of financing for all seed, crop protection and fertilizer purchases for WinField United and partner products.
Corteva TruChoice
With the TruChoice® offer, save big on crop protection products from Corteva Agriscience when you fund a prepay account.
Rabo AgriFinance
Input financing that provides an incremental line of capital to purchase your inputs and flexible payment options that can help improve your operation’s cash flow.
John Deere Financial
Get ag financing that allows you to lock in crop input purchases and free up operating cash, all while not paying a thing until after you harvest.
Input Financing Program FAQs
The Heritage Cooperative Input Financing Program allows you to finance your fall, spring and summer crop input purchases. You can also finance your agronomy prepay purchases from Heritage Cooperative. Eligible charges are between September 1, 2023 through August 31, 2024. Due date for submitting an application is March 15, 2024.
Your financing rate is determined by the percent of your corn and soybean acres that are planted with seed sold by Heritage Cooperative. There are four levels of finance rates with the lowest, Heritage Platinum at 4% under prime and the highest, Heritage Bronze at 3% over prime.
Inputs for raising corn, soybeans, wheat, forage, seed or specialty crops are all covered. This includes seed, fertilizer, lime, chemicals, power fuel, soil testing, DEF, GPS services, custom application, delivery and equipment rental charges. Non-crop inputs such as feed are not included in this program.
The prepaid or cash price in effect at the time of billing will be used for products, and the regular price will be used for services such as custom application, delivery or equipment rental.
Finance charges are calculated from the date of the invoice when the product is picked up or the prepaid price is locked in. Finance charges are not compounded.
The Heritage Platinum and Gold levels are due January 31, 2025. The Silver and Bronze levels are due November 30, 2024.
The financing rate will be adjusted to the level that was met and made retroactive to the invoice date.
An application, balance sheet and tax return will be required in all cases, and in some cases a crop lien and crop insurance.
If you are a sole proprietor:
- A completed application with signatures including spouse
- Balance sheet
- 2022 federal tax return - first 2 pages of 1040, Schedule 1 & F
If you are a partnership or a corporation:
- A completed and signed application including all members and
- Both personal and corporate spouses’ signatures balance sheets
- 2022 federal tax return - first 2 pages of 1040, Schedule 1 & F
- 1065 or 1120 including Schedule F
Submit the application. Complete both sides of the application and sign the bottom.
Mail the completed application to AgraFinancial Services, Inc. at P.O. Box 25, Vermilion, Ohio 44089. If you have
any questions, you may ask your agronomist or contact:
- Megan Petruchik with AgraFinancial: 440-315-9176 - megan.agrafinancial@gmail.com
- Terry Schreiner: 440-315-9178 - tschreiner@heritagecooperative.com