Finishing finance product features
![](https://www.agrifunder.com.au/wp-content/uploads/2021/07/Credit-Limit.png)
Credit limit
$200k – $2m
(funding requests outside of this range will be reviewed on a case by case basis)
![](https://www.agrifunder.com.au/wp-content/uploads/2021/07/Maximum-Placement@2x.png)
Maximum placement term*
Up to 12 months
*A placement refers to funding for a particular livestock trade. Once an operator has been approved for funding by Agrifunder they will be given a limit within which they can apply for funding for livestock trades
![](https://www.agrifunder.com.au/wp-content/uploads/2021/07/Standard-Security@2x.png)
Standard security
Taken over the purchased livestock via PPSR PMSI
(AF will not fund sheep on a property where another financier owns/funds livestock unless RFID tags are used). Appropriate guarantees are required and additional security may apply
![](https://www.agrifunder.com.au/wp-content/uploads/2021/07/Interest-Rate@2x.png)
Interest rate
Market competitive interest rates apply Funding costs are only charged on the GST exclusive amount
![](https://www.agrifunder.com.au/wp-content/uploads/2021/07/Fees@2x.png)
Fees
Establishment fee covers the costs of all required searches and admin
Livestock finishing finance – how it works:
Once a credit limit has been approved and established, to begin trading the Operator submits a placement application for each of the placements (trades) they wish to proceed with.
1 The Operator purchases livestock and decides to fund the livestock using Agrifunder livestock funding
2 The Operator submits a placement application which reflects the details of the trade
3 Upon approval Agrifunder settles the invoice(s) and takes ownership of the livestock
4 The Operator manages the growth and performance of the livestock
5 The Operator arranges to sell the livestock
6 Agrifunder pays the Operator once Agrifunder receives the proceeds from the sale minus the finance costs