Channel Bridge Financing Offered Through John Deere Financial
Take advantage of early discounts prior to paying your current existing balance.
Channel Financing
More Choices, More Savings
Maximize Savings With Channel® Book & Go
Discounts on Corn and Soybeans
Receive a $10 per bag discount on every bag of seed corn and $4 on soybeans when you book your order between September 1 and October 30, 2020, and pay in full by November 17, 2020.4
Your Best Opportunity to Save
Save an Additional 10%
Maximize your savings with an early cash discount of an additional 10% off when you pay for your entire order by November 17, 2020. Combining this offer with your seed discounts gives you the best possible pricing for the season. With flexible options, you and your Seedsman can work together to choose the plan that fits your operation.
Early Cash Discount3
| Key Dates | November 17, 2020 | December 11, 2020 | January 15, 2021 | March 19, 2021 |
| Seed Discounts | 10% | 8% | 6% | 2% |
If you pay by credit card, the seed discount is 2% less than the published rate.
Channel Preferred Financing With John Deere Financial
Financing as Low as Prime -1%
Through our partnership with John Deere Financial, you can receive seasonal payment terms when you choose Channel Preferred Financing. With a qualifying purchase, you’ll get financing as low as Prime -1%1 and up to a 9% seed discount on a minimum $2,500 purchase. Or, if you make a $2,500 minimum seed purchase by November 17, 2020, you can save 3% on your qualifying purchase with a 0% fixed rate. Qualifying products include Channel® brand corn, soybeans, sorghum and alfalfa.
Channel Preferred Financing
| Date | Early Cash Discount3 |
Prime -1%1 |
Fixed 0% APR2 |
| November 17 | 10% | 9% discount* | 3% discount* |
| December 11 | 8% | 6% discount* | 1% discount* |
| January 15 | 6% | 4% discount* | 1% discount* |
| March 19 | 2% | N/A | N/A |
*No payment due until November 2021.
Alternative Financing Options
Channel offers the following additional financing options, letting you choose the plan that’s right for your farm.
Channel HarvestPlan Financing
Get Fixed 0% APR interest with delayed payment until November 25, 2021, when you sign up on-line by May 31, 2021, and make a minimum purchase of $2,500. Qualifying products include Channel brand corn, soybean, sorghum, alfalfa and Acceleron® portfolio purchases.
After working with your Channel Seedsman to find the right financing option for your operation, apply quickly and easily for Channel HarvestPlan Financing with our online application.
Subject to approval. Growers must have an active Technology/Stewardship Agreement (TSA).
A customer can participate in Prepay Early Cash Discount, John Deere Financing and HarvestPlan Fixed 0% APR financing programs BUT NOT ON THE SAME UNIT OF SEED/DOLLAR.
Channel Seedsmen Are Here to Help
Submit your question(s) below and an expert Channel Seedsman will contact you to help you choose the financing option that’s right for your needs.
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- Offer valid on qualifying purchases made between September 1, 2020 to August 31, 2021. Offer limited to Multi-Use Account Agricultural customers with an available Special Terms limit. Subject to the Multi-Use Account credit agreement and approval. Prime -1% APR from the date of purchase, which may be prior to delivery, until November 2021, when the entire transaction amount and accrued interest are due in full. Regular Multi-Use Account rates will apply after that date. The Prime Rate will vary with the Citibank Prime Rate. Offer may be limited to qualifying products. $2,500 minimum purchase required. Subject to merchant participation, see your local merchant for complete details. Multi-Use Accounts are a service of John Deere Financial, f.s.b.
- Offer valid on qualifying purchases made between September 1, 2020 to January 15, 2021. Offer limited to Multi-Use Account Agricultural customers with an available Special Terms limit. Subject to the Multi-Use Account credit agreement and approval. Fixed 0% APR from the date of purchase, which may be prior to delivery, until November 2021, when the entire transaction amount is due in full. Regular Multi-Use Account rates will apply after that date. Offer may be limited to qualifying products. $2,500 minimum purchase required. Subject to merchant participation, see your local merchant for complete details. Multi-Use Accounts are a service of John Deere Financial, f.s.b.
- Prepay + Discount cannot exceed Eligible Seed Sales, and if it does, the associated discount will be reversed after the year-end Settlement process. Eligible sales include all transactions on the customer’s account from September 1, 2020 to Settlement Date or August 31, 2021, whichever comes first.
- If the grower reduces their pre-October 30, 2020, “booked” units by more than 15%, the grower will not receive the corn $10 off per unit or soybean $4 off per unit discount. A customer can participate in Prepay Early Cash Discount, John Deere Financing and HarvestPlan Fixed 0% financing programs BUT NOT ON THE SAME UNIT OF SEED/DOLLAR.