After facing complaints from farmers and ag machinery companies about the scarcity of credit, Brazil’s National Bank for Social and Economic Development (BNDES) announced during Brazil’s Agrishow farm equipment exhibition that it would make an additional R$536 million (approx. $135 million) for acquisition of agricultural machinery and implements during 2018-19 season at subsidized rates in partnership with private banks.
The total amount provided by the bank jumped from R$7.6 billion to R$8.1 billion in loans…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
