Potential buyers for upcoming Schumacher Bonsmara Auction can apply for financing before event – sponsors
Bank Windhoek announced that potential buyers taking part in the Schumacher Bonsmara Auction can apply for financing before the event, which is set to take place on Monday, 20 and Tuesday, 21 September, at the Agra/Bank Windhoek Ring in Windhoek.
With Okozonduno Bonsmaras of Vetumbuavi Mungunda as a guest seller, the Bank Windhoek sponsored Schumacher Bonsmara Auction will see 105 Bonsmaras comprising 25 bulls and 80 females go under the hammer. The Bonsmara breed is known for its adaptability, high-quality beef, and resistance to local diseases.
The conditions for potential purchasers include a 12-month financing term and a ten percent deposit of the purchase amount.
“Livestock conditions and husbandry practices must be adhered to for the duration of the finance,” said Bank Windhoek’s Head of Corporate Social Investments, Sponsorship, and Events, Bronwyn Moody.
“To qualify, potential buyers should provide their latest signed audited financials, personal balance sheet, and cash flow forecasts” Moody added.
According to Moody, for information regarding the credit scheme, one can contact Bank Windhoek’s Credit Originator Manager Winston !Gonteb, via email [email protected], Tel: +264 299 1169, or Bank Windhoek’s Small and Medium Enterprises Acquisitions Manager, Rowin Theron at [email protected], via Cell: +264 81 560 4779. Regarding the animals on offer, interested buyers can contact Marc Schumacher on Cell: +264 81 787 8000 or Nico Visser on Cell: +264 81 1241168.