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  • agrofood & plastprintpack Conference
  • 4th West African Cold Chain Summit
  • APO Packaging Masterclass - Paid Event
agrofood & plastprintpack Conference
Equipment Leasing: Alternative Financing Model
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query_builder 10:30 - 11:00
card_travel Presentation
mic English
Equipment Leasing: Alternative Financing Model
All over the world today, equipment leasing is being established as the creative financing alternative for the acquisition of capital assets for productive ventures and enhancing the quality of life.
In Nigeria, this unique financing instrument, though relatively young has been contributing to the socio-economic development of the country and is even more relevant in our present reality, where outright purchase of assets is increasingly becoming difficult especially to the Small and Medium Scale Enterprises (SMEs).
 
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agrofood & plastprintpack Conference
Access to Finance
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query_builder 13:00 - 14:30
card_travel Panel
mic English
Access to Finance
Focus:    financing and leasing of production and processing machinery

Increasing food production to feed a teeming population will continue to be a difficult task due to fewer arable lands, the high cost of farm implements needed for production, less credit access to farmers, the land competition of food production, and the high cost of processing machinery.

To improve food production, various strategies have been envisaged by governments and stakeholders at all levels. However, whatever the strategy, when it comes to manufacturing packaging for their products, businesses are keenly aware of the importance of using equipment that is up-to-date and in perfect working order. The high precision required to produce efficiently, quickly and with no errors is critical to their overall business plans.

Striking the right balance between investing in the best equipment available—especially in light of increasing technological advances—and maintaining cashflow can sometimes present a challenge.

This panel seeks to
  • determine the impact of agricultural equipment financing on the advancement of mechanized farming in Nigeria
  • present financing options
Discussion points:
  • The business of packaging equipment
  • Agro-financing and food production in Nigeria
  • Access to finance
  • Smart equipment financing
  • Equipment leasing
Confirmed speakers:
  • PRWA: Stefan Prassel
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