Feedlot Livestock Lending
Feedlots can be challenging in any condition and it’s no surprise that commodity markets and cattle inputs impact feedlot margins. This plus a focus on premium markets requires certainty of all areas of the supply chain. Farmers also want financial flexibility to deal directly with processors, exporter and retailers.
The Agrilending Feedlot Livestock Lending product provides financial security allowing feedlot stock buyer the certainty to access market opportunities.
Work with us and discover the difference.
Fully Funded
Feedlot facilities can be used to cover 100% of the purchase price for beef cattle, sheep and lambs.
Reduced Red Tape
Agrilending does not impose weight gain targets or compulsory offtakes. We don’t require a specified period for a sale.
Repayments
No repayments required until livestock are sold. Cash repayments can be made anytime. Once sale proceeds received, we deduct the principal and accrued finance charges and remits the profit to you.
Fewer Fees
Agrilending do not charge any hidden or late fees.
Fast Funding
Agrilending are committed to fast access to funding for our Feedlot. Draw-down of funds to pay the selling agents for livestock can be made within days.
Instant Reporting
As a customer of Agrilending, you'll have 24/7 access to powerful reporting tools via our online platform.
Feedlot Livestock Lending finance product features:
Facility Limit
$500k – $10m (funding requests outside of this range are reviewed on a case-by-case basis).
Drawdown term
0 – 12 months.
No repayments are required until livestock are sold. Cash repayments can be made anytime
Standard security
As the Farmer owns the livestock, we take a Purchase Money Security Interest (PMSI) over the purchased livestock. Appropriate guarantees and additional security may be required.
Interest rate
Market competitive interest rates apply. Funding costs are only charged on the amount drawn on the facility.
Fees
Drawdown fees may apply