Hectare, a leading UK provider of agricultural technology supply chain solutions, has unveiled Advance Pay, a groundbreaking embedded finance product aimed at providing arable farmers with immediate cash flow from their grain contracts at competitive market interest rates.
This innovative offering is poised to transform agricultural finance by addressing the financing challenges of last-mile grain supply chains. It distinguishes itself as the pioneer in the market to provide an independent solution devoid of the burdensome costs and administrative complexities associated with traditional finance, such as lock-in contracts for grain pools or input financing.
