Blog
One Account For Every Purchase - The Multi-Use Account
Published on December 06, 2021At True North, regardless of the size of your operation, we understand the importance of keeping you running. Having the purchasing power to tackle service, get parts, and update technology is critical; and the Multi-Use Account, offered by John Deere Financial, is exactly what gives you that power.
“What I like most about my Multi-Use Account is that our retailer can help me shift through the various seed and crop protection options throughout the year and help me access financing when discounts may be the greatest or when I need to make in-season crop protection decisions.” According to Brad Aust, the Multi-Use Account is a solid partner in his business.
INCREASED PURCHASING POWER
Increase Cash Flow — Keep your cash and free up your operating line of credit by taking advantage of the wide range of finance offers and payment options designed to fit your production cycle and crop season.
Unlimited Potential — The Multi-Use Account allows you to purchase crop inputs, farm supplies AND parts, service and attachments.
Widely Accepted — Get what you need, when you need it at our eight True North Equipment locations..
General Supplies — From gates and gloves to shirts and shovels—if it helps you get the job done, chances are you can put it on your account.
CONVENIENCE
Detailed Records: Ag Preferred accounts can forecast spending, get organized for tax time with monthly statements, and an annual summary of all your Multi-Use Account purchases.
Consolidated Statement: Purchases from True North Equipment, whether its parts, service, or equipment appear on a single statement.
Purchase Knowledge: Stay informed with invoice-level details, including product, unit price, and quantity, that appear on your monthly statement.
FLEXIBLE PAYMENT OPTIONS
No-Payments/No-Interest Financing — Take advantage of special finance offers for all your parts, service and technology needs. Visit your local True North Equipment location to learn more.
Seasonal Terms — Buy now, pay after harvest, with Special Terms financing allowing you to lock in early-order discounts on seed and secure the crop protection products you need.
Special Financing — No-Payments/No-Interest and deferred-payment programs tied to your production cycle.
30-Day Terms — Always 30-day interest free financing when you pay your balance in full each month.
EASE OF USE
Fast Alternative to Cash — Just “put it on your account” for the simplest way to pay for the important things you need.
Statements & Account Details Anywhere: Account details and up to 24 months of purchase history are always just a click away at MyJDFAccount.com or “My True North”.
Authorize Multiple Users: Larger growers, keep daily operations moving by allowing employees to make purchases using your Multi-Use Account.
SAVE MONEY BY USING YOUR MULTI-USE ACCOUNT FOR CROP PROTECTION PURCHASES
It’s important to find suppliers who understand your business and who can provide crop protection options to address your production challenges and budget.
Farming is a cash intensive business that can consume hundreds of thousands of dollars a year in crop inputs alone. It’s important to find suppliers who understand your business and who can provide crop protection options to address your production challenges and budget.
Brian Russell, owner of Mokan Seed and Chemical, understands this better than anyone.
“Some of our customers are spending upwards of a million dollars a year on crop inputs, and even though interest rates are low, the interest charges alone amount to a significant additional cost to the farming operation,” says Russell.
“The Multi-Use Account provides access to competitive finance programs allowing our customers to keep their cash on hand to operate the other aspects of their farming operation,” says Russell. “Interest is a major expense, and the ability to offer 0% financing, when available, is a major cost savings to the bottom line of our customers’ business.”
As the crop production season progresses, farmers will be faced with production challenges. Growers will reach July or August and may be faced with the decision to apply a fungicide or insecticide. That application may help the crop reach its full yield potential but will require an additional investment of $25 to $30 an acre. At this stage, the grower’s cash flow is down and the bank line of credit has been exhausted. It’s a difficult position.
“In these situations, we can sit down with the grower, discuss their needs and identify a chemistry solution,” says Russell. “There might be two or three different options that will work and maybe one crop protection manufacturer can offer 0% until December through a Multi-Use Account, that can be the difference in deciding to invest in the application and which product to use.”
AG FINANCING THAT WORKS AS HARD AS YOU DO
With ultra-flexible farm credit that extends to eight True North Equipment locations and numerous farm supply stores, your Multi-Use Account will quickly become your single farm financing solution for purchases, including:
CROP INPUT FINANCING
Use InputFinance.com to navigate your seed and crop protection purchases. You could lower your cost per acre by saving thousands of dollars in interest expense using your Multi-Use Account. Free up operating cash, lock in crop input purchases, and pay after your next season’s harvest.
SEED
Maximize your savings by taking advantage of early purchase discounts and exclusive financing.
CROP PROTECTION
Finance your in-season herbicides, fungicides and insecticides to help protect your investment.
FERTILIZER
Buy your fertilizer early and pay after harvest with special financing.
FARM SUPPLIES
Those smaller day-to-day expenses can add up, and the Multi-Use Account is the easiest and most convenient way to pay for them. Whether at True North Equipment or your local farm supply store, use your account to cover your supplies.
LIVESTOCK
The feed and veterinary services your animals need to stay healthy and productive.
FUEL
Bulk oil and petroleum to keep the homestead warm and equipment running all year long.
GENERAL SUPPLIES
From gates and gloves to shirts and shovels—if it helps you get the job done, chances are you can put it on your account.
PARTS
At True North Equipment, we have more than just the right parts – we have the right answers. Genuine John Deere parts are your best choice for performance and reliability. Shop Parts, Equipment, Supplies, and more in our customer portal "My True North".
SERVICE
Equipment inspections keep your investment running like new and in the field when it matters the most. The "My True North" customer portal is your one stop shop for handling your business with John Deere and True North Equipment. Use the customer portal to order parts, schedule service, view and pay invoices, and more.
TECHNOLOGY
Add the latest technology to your John Deere equipment and take your operation to the next level. Explore what True North Equipment has to offer for Ag Technology.
OFF-SEASON EQUIPMENT INSPECTIONS
2022 pricing on Standard In-Shop Inspections, In-Field Combine Inspections, Select Tractors Inspections, and Additional Special Offers can be added to your Multi-Use Account.
Multi-Use Account finance offers could save you thousands of dollars and lower your cost per acre. Calculate your interest savings today. Are you ready for a convenient, easy way to increase your purchasing power, get more flexible payment options, and keep your operation moving smoothly forward? Apply for a Multi-Use Account below or reach out to your local True North Equipment dealer.
Apply or Request a Credit Limit Increase
Casey HIllebrand
