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Frequently asked questions - FAQ
It depends on the turnaround time specified by the funding institution and these times vary per funding institution.
Business plan, business registration certificate, tax certificate, proof of residence, market evidence documentation such as take-off agreements, contracts, letters of intent. If applicable, title deed is required and proof of ownership of movable assets that can be used as collateral. Farm or agribusiness risk profile is also required. Where applicable a water license is required.
It takes 1 day to match and 5 working days to submit funding applications to the suitable funding institutions.
R150 per farm.
Farmers Assistant will not be held liable for any unsuccessful funding application but will assist where applicable to ensure that the client get access to finance. Farmers Assistant ensures that client’s personal information is kept safe and confidential.
Farmers Assistant will connect you with a business consultant that will assist you with writing a business plan and also conduct market feasibility studies on your behalf.
A comprehensive farm/agribusiness risk profile and financial identity will increase your chances of getting financing. Farmers Assistant will assist you with building your agribusiness risk profile. The fees for agribusiness risk profile depends on your location and the size of your farm.
No, Farmers Assistant App chatbots will give you 24 hours support together with our consultants to ensure that you run your agribusiness profitably. You choose your own language and can ask any agribusiness related question there and get an instant answer.