Cargill Vietnam and Southeast Asia Commercial Joint Stock Bank (SeABank) have signed a cooperation agreement to deliver tailored financial solutions to dealers and livestock customers in Cargill’s network in Vietnam.
This partnership comes as the global and Vietnamese economies shift toward sustainable and adaptable growth. The agreement is expected to lay the groundwork for supporting Cargill’s dealers and livestock customers in accessing financial solutions tailored to their actual business needs.
Working capital program designed for livestock
The centerpiece of the agreement is the ‘Working capital support program for the livestock supply chain’. The direct beneficiaries are Cargill’s nationwide network of animal feed dealers and farm customers.
SeABank commits to prioritizing financial resources to enable Cargill’s customers easy access to capital, enabling customers to maintain cash flow and grow their animal nutrition businesses.
The program is designed to address industry-specific challenges through three key features::
- ✅ Flexible financing solutions: Loan packages based on dealer sales volume, removing collateral requirements and easing access to secure capital.
- ✅ Stable interest rate mechanism: Stable policies tailored to each loan, helping customers plan finances, protect profitability, and sustain long-term operations.
- ✅ Streamlined approval process, fast disbursement: Simplified procedures ensure timely capital flow for purchasing goods and maintaining working capital turnover.
Advancing rural development and sustainable livelihoods
The cooperation reflects both parties’ commitment to promoting agricultural and rural development and sustainable livelihoods in Vietnam’s livestock industry through flexible and appropriate financial solutions. It contributes to unlocking long-term capital for the industry and demonstrates the strategic and long-term vision of both organizations for the Vietnamese market.
Cargill, with 160 years of global experience and 30 years in Vietnam, continues to connect farmers with markets and resources, fostering safe and sustainable growth. SeABank reinforces its role as a trusted partner by helping businesses overcome financial barriers. Together, they aim to build a resilient value chain and create shared prosperity for the farming community.