Fruit Attraction, at IFEMA, is committed to transforming the fruit and vegetable sector

One more year, Banco Sabadell is once again present at the Fruit Attraction fair, the great meeting place for producers in the fruit and vegetable sector, which this year is held from October 4 to 6 in the usual setting of IFEMA, Feria de Madrid.

NewsEditor
NewsEditor
04 October 2022 Tuesday 23:42
7 Reads
Fruit Attraction, at IFEMA, is committed to transforming the fruit and vegetable sector

One more year, Banco Sabadell is once again present at the Fruit Attraction fair, the great meeting place for producers in the fruit and vegetable sector, which this year is held from October 4 to 6 in the usual setting of IFEMA, Feria de Madrid. There you can find, in its own stand in Hall 4, the team of experts from Sabadell Agrarian Business, to offer the best solutions to the needs of companies and professionals.

On this occasion, in addition, the banking entity sponsors and actively participates in three forums on innovation and digitization, which will take place in the Foro Innova room. The first, entitled Digitization Financing = Increased Profitability, scheduled in collaboration with Agrotech, was held yesterday, Tuesday, and served to analyze how the application of technology in the field makes it possible to increase the profitability of farms.

Likewise, the necessary investments were discussed to guarantee the future of the sector and the possibilities of financing both companies that provide services related to digitization and farmers. Also yesterday took place the forum Examples of the use of solar energy in agricultural areas, developed together with Engel Solar, which served to illustrate how all the energy needs of farms can be easily covered with electricity generated by renewable energy obtained from radiation of the sun.

On October 6, at 11:30 a.m., Banco Sabadell and Raw Data will hold the third forum, Examples of the use of digital solutions for agricultural technicians and personnel managers of agricultural companies, where specific cases of agri-food companies that have obtained notable results will be presented. benefits incorporating technological tools designed for the sector, in technical, quality and human resources departments.

Banco Sabadell maintains a firm commitment to companies and professionals who carry out their work in the agricultural, livestock, fishing and wine sectors. Its main objective is to facilitate all banking procedures related to daily activity, offering an advanced range of financial products and services tailored to the sector. Its intelligent business solutions are based on knowledge of the particular reality of this type of company.

The entity is firmly committed to the ecological and sustainable transformation of the primary sector. "We need technological innovation and digitization in the sector to achieve a more sustainable, productive and efficient economy," says José Antonio Morante, director of Banco Sabadell's Agricultural Segment. "In short, to do more with less." That is why it does not hesitate to get involved, offering facilities that favor companies and professionals to carry out this process, modernizing or expanding agricultural or livestock farms, acquiring machinery, facilities or technology, without having to decapitalize. The entity, as Morante explains, “is committed to providing support and accompaniment to the sector in its digital transformation process.

The FLEXI Agro loan is the ideal option to face the day to day with liquidity, thanks to its payment flexibility. It allows anticipating the amounts of the CAP (Common Agricultural Policy) and other aid, or simply paying the expenses of a campaign. The Plantaciones loan, on the other hand, is specially designed to finance tree planting operations that take several years to begin to bear fruit and that require a high initial outlay. Among its specific proposals we find, for example, loans with the guarantee of the State Limited Agrarian Surety Company (SAECA), which serve to respond to the needs of the self-employed, small and medium-sized entrepreneurs and agricultural associative entities, to facilitate financing of operations aimed at activities of creation, conservation or improvement of forest, agricultural, livestock or fishing wealth.

Another good option is the official financing lines. Banco Sabadell has subscribed to the ICO (Official Credit Institute) lines to resolve liquidity needs and promote and support the investments of companies, whatever their size. The banking entity has also signed a new financing line of 100 million euros with the European Investment Bank (EIB), called the BS-BEI Agrario Line, designed especially for the self-employed, SMEs with up to 249 workers and midcaps, between 250 and 3,000 employees, from the agricultural and fishing business. Among the eligible investments, special attention will be paid to projects that contribute to the protection of the environment, renewable energies and the efficiency of natural resources. Banco Sabadell facilitates agricultural renting, with specific attention to needs such as anti-stone mesh for crop protection, barrels and other furnishings, installations and technological equipment for winery producers and harvesters. The goods necessary for the development of the economic activity can be rented in the medium or long term.

Another interesting proposal is leasing – that is, rent with the option to buy – for fixed assets, from land and plantations of woody crops, real estate or farms dedicated to agricultural activity or machinery for lactating and suckler cows. . In this case, the company or professional chooses the provider they want and Banco Sabadell takes care of the acquisition, in many cases offering up to 100% of the financing with tailored installments. All these possibilities, information about which can be found on the Banco Sabadell website, are confirmation of this entity's desire to contribute to the modernization and evolution of a fundamental sector for human life.

Comments

Warning!

You have to login for comment. If you are not a member? Register now.

Login Sign Up