Deferred Pay Pioneer Hi-Bred offers flexible financing options through Pioneer Financial Services. From time of seed purchase committment, interest applies at prime -1%. Payment is not due till December 1st following that harvest season. Early payment is permitted at any time without penalty.

DP_Application.pdf  [222.72K] DP_Agreement.pdf  [241.84K]

Key Points: 1) TUA charges can be put on Deferred Pay (consolidated with seed purchase). 2) Low interest rate (on principle only / no compound on interest) 3) Do not have to pay any principle until after the seed is grown and harvested (Dec 1). 4) < $10,000 credit agreement is needed. 5) > $10,000 credit agreement and application are needed. 6) Financial details are not disclosed (customer deals direrctly with Pioneer Financial Services). 7) Early payment in any amount allowed at any time. 8) Easy adjustments to credit account for extra bags or returned product.     Date Ending December 11, 2009. December 11, 2009 through  February 5, 2010. February 6, 2010 through March 26, 2010. Cash Discount 9 % 6 % 3 % Deferred Payment Discount 8 % 5 % 2 %