Forward Finance Secures US$59 Million Financing to Expand Agricultural Supply Chain Funding

Forward Finance Institutional Proprietary Limted has expanded its funding platform through a US$59 Million structured and senior debt financing package, strengthening its capacity to provide working capital solutions across South Africa's agricultural value chain.

The transaction comprises the expansion of an existing structured finance facility from Fedgroup Smart Agri Fund, alongside a new senior debt facility from an additional institutional lender.

The enhnaced funding base will enable Forward Finance to increase financing for agri-processors, marketers, farmers and growers, supporting receivables financing and short-term working capital needs nationwide.

Advisory Team:

DENEYS

Izak Lessing

Tiyana Ramchunder