.png)
FAQ's
Before accessing our flexible livestock financing solutions, a few key steps are required to ensure a smooth approval process. We've simplified the application, so you can focus on growing your business. Below is an outline of what you’ll need to provide for pre-approval.
.png)
Decades of Agricultural Expertise, Empowered by Innovation
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla.
Credited Limit
We've supported the financing of over $6 million in livestock, helping farmers seize opportunities and grow their businesses.
Clients served
From small-scale operations to large agricultural enterprises, we’ve partnered with over 500 farmers across Australia.
Employees
Our team of agricultural finance specialists works tirelessly to ensure your farm’s success with tailored financial solutions.
Custom solutions
We don’t believe in one-size-fits-all. Over 150 tailored funding packages have been designed to meet the unique needs of our clients.
Purchasing & Selling Information:Facility Placements - Purchasing Livestock
- The operating contract formalises the relationship between each party with the operator purchasing livestock “As Agent for Agrifunder Pty Ltd”.
- Agrifunder does not hold credit accounts with livestock agents or livestock exchanges.
- The operator should have their own account in place with a sales agent prior to purchasing livestock.
- Agents can contact Agrifunder before the purchase of livestock to confirm that the Operator has an active facility with a limit available. Agrifunder will respect the
Operator's confidentiality and only release appropriate details for the Agent to meet settlement requirements. - The responsibility of invoice settlement rests with the operator. If an invoice doesn’t meet Agrifunder requirements, Agrifunder will work with all parties to
seek a resolution. - Agrifunder settles the invoice on behalf of the operator and takes ownership of the
livestock, providing the trade meets requirements. Invoice requirements: Invoices are to be addressed: ‘[operator] as Agent for Agrifunder Pty Ltd’ Include Agrifunder’s ABN 52 622 246 486
Settlement requirements: The operator must adhere to their approved Agrifunder limit NLIS tags/mob movement must be on the correct Property Identification Code (PIC) where applicable (cattle and sheep) The operator must provide instruction for Agrifunder to settle their relevant invoices - Agrifunder purchases the livestock and accounts for the GST. The operator does not account for any GST when the livestock are purchased from a third party.
- Agrifunder can purchase livestock directly from the operator.
- The sale of livestock to Agrifunder is a leviable transaction, and the operator is responsible for paying the levy.
- The operator should provide a tax invoice to Agrifunder detailing the agreed purchase price, livestock details, and GST.
- Agrifunder will provide a Recipient Created Tax Invoice (RCTI) to the operator which details the agreed purchase price, GST, and amount that will be transferred to the
operator.
Product Information:
Agrifunder Livestock Funding is a pool of investment capital that has been raised from investors who recognise the opportunity to fund appreciating assets (such as fattening or breeding livestock).
An overdraft or line of credit offers flexibility for various working capital needs, but typically requires property security to support at conservative lending margins. Additionally, you often pay a fee for the limit, irrespective of use.
In contrast, Agrifunder views livestock as an appreciating asset (subject to commodity volatility), and generally relies solely on the livestock as its security, rarely seeking to tie up additional equity support via, say, land or other livestock. This means your existing security and capital are left available for other investments, making Agrifunder’s Livestock Financing a more agile option for agricultural operations.
Livestock financing provides access to capital without tying up other assets, providing immediate liquidity for essential operations. By financing livestock purchases, farmers can expand their herds or take advantage of market opportunities while maintaining healthy cash flow. This flexibility helps to reduce financial strain and enhances profitability by enabling farmers to act on profitable opportunities.
The process is simple and efficient. After submitting an application – either online or via a hard copy – our credit team reviews your details and assigns a credit limit based on your needs and capacity. Once approved, you can request funding for livestock purchase at any time, allowing you to act quicky when you need capital to support your farming operations.
Agrifunder’s Livestock Finance acts as another tool in your financial toolbox to work alongside your existing traditional working capital arrangements. Our financing is structured to work without interfering with traditional banking facilities i.e. property mortgages against overdrafts etc. This approach allows both Agrifunder and your existing bank to benefit from supporting your operation, ensuring a mutually beneficial partnership for all parties involved.
Agrifunder primarily offers financing for cattle and sheep operations. If you are working with other types of livestock, please get in touch with us to determine if your operation qualifies for financing under our products.
Credit & Application:
To provide us with a clear understanding of your operation and the rationale behind your request, we require the following information from you as part of your initial application:
- Completed and signed application form (online or PDF)
- Historical financial reports, including at least two consecutive years of Profit and Loss and Balance Sheet statements.
- Statement of Position, including a livestock summary
- Certified copy of Drivers Licenses for all principals/borrowers
- A certified copy of the Trust Deed or Partnership Deed, if applicable
- Copy of Corporate Structure if relevant
- Rates Notices for any owned/supported property
- Lease or Agistment Agreements for any property operated under such agreements
Agrifunder may conduct credit checks as part of the application process, which can have a minor impact on your credit score. However, your consent is required before conducting any credit checks. We aim to make this process as smooth as possible, and any effect on your credit score will be minimal. Our team is happy to discuss any concerns you may have about your credit rating before you apply.
In most cases, Agrifunder does not require land as collateral. Instead, the livestock serve as security for the financing. Agrifunder takes ownership of the livestock and registers this interest on the Personal Property Security Register (PPSR). Depending on your individual circumstances, Agrifunder may also require appropriate guarantees and additional security to support the financing arrangement.
Agrifunder's pricing is dependent on a risk assessment of your business case. This includes factors such as operational stability, financial history, and the specific livestock being financed.
Agrifunder determines your credit limit based on several factors, including your herd size, financial history, and operational needs. The credit limit is designed to reflect the scale and scope of your livestock operation and provide capacity for growth.
Agrifunder’s team will provide an update on the outcome of your application. Depending on the circumstances, you may be able to reapply after addressing the specific issues raised during the assessment. We encourage you to speak with one of our finance specialists to explore ways to strengthen your application or assess alternative financing options.
Once your funding application has been accepted, you can draw funds immediately. This quick access ensures you can act promptly on livestock purchasing opportunities.
Purchasing & Funding:
Agrifunder assigns a credit limit based on your operation’s needs and financial position. From this limit, you can request funding for individual livestock purchases. Each request, or placement, corresponds to a specific livestock purchase from your credit limit.
Yes, provided the livestock meets the product criteria. However, if the livestock is currently used as security for another lender, such as your bank, Agrifunder will require a release from any existing security holders before advancing funds.
Agrifunder covers up to 100% of the purchase cost of livestock, including GST, and in some cases additional costs such as transportation and logistical fees. These are factored into the overall financing terms. Please speak to our team for details on what can be included in your specific financing arrangement.
Trade Finance terms are aligned with the sales cycle, which typically covers up to 250 to 350 days.
Agrifunder offers credit limits ranging from $100,000 to $6,000,000. Once your credit limit is established, there is no limit on how much can be drawn at a given time, as long as the total amount funded remains within your available credit limit.
If your livestock do not perform as expected due to health issues or other unforeseen factors, it’s important to notify Agrifunder. We work with our clients to find solutions based on the specific situation. Options may include restructuring repayment terms or selling part of the herd to manage the facility. Each case is reviewed individually, and we aim to provide flexibility where possible.
Selling & Repayments:
We understand that not all livestock within one placement will be ready for sale at the same time. You can sell the tops and tails at different times, as needed, within the agreed placement term. Extension fees may apply if the placement term is extended.
[link to doc for agent guide - TBC]
With Trade Finance, you can make part or full repayments at any time during the placement term without penalty. Once the facility is repaid, ownership of the livestock is transferred to you.
Repayment terms are designed to provide flexibility that aligns with your farm’s cash flow. Trade Finance offers the most flexibility, allowing you to make repayments as they fit your cash flow needs, with no predefined repayment schedule (as long as the placement is repaid within the agreed term).
If market conditions or other factors prevent you from selling the livestock within the agreed timeframe, please contact Agrifunder to discuss an extension. Extension fees may apply, but we aim to offer flexibility to help you manage the placement. It’s important to communicate any challenges early so that we can work together to minimise financial disruption.
Agrifunder strives to provide flexibility with repayment terms. However, if repayments are not made within the agreed timeframe, late fees may apply. These fees are outlined in your finance agreement. If you anticipate challenges with meeting the repayment schedule, we encourage you to contact us as soon as possible to explore potential options for extending or restructuring your payments.
1. The operator purchases livestock
2. Agrifunder enters into a funding agreement with the operator.
3. Agrifunder acquires livestock.
4. The operator manages the growth and performance of the livestock
5. The operator arranges the sale of the livestock through an agent or directly to a processor
6. Agrifunder receives the sale proceeds and takes out its costs and returns the margin back to the operator. The margin is equal to the sale proceeds (net of selling costs) minus initial purchase cost, funding costs, and any fees if applicable.