crop lending

Crop lending is a financial service that provides farmers with loans specifically designated for planting and growing crops. This funding helps cover expenses such as seeds, fertilizers, and equipment before the harvest income is received. Typically, the loan is repaid after selling the crops, with repayment terms tailored to the farming cycle. Crop lending reduces financial pressure during planting season and can include options like short-term loans or in some cases, crop insurance. It’s a essential tool to support farmers’ cash flow and ensure successful crop production.