Livestock finance purpose-built for Kiwi farmers. 100% finance for stock purchases, with security taken only over the stock purchased. Your existing security arrangements with your bank are not impacted.
100% finance available for stock purchases.
No repayments until the stock are sold.
Security is only taken over the livestock purchased so your existing finance and security arrangements with your bank are not impacted.
You are free to use any stock agent or purchase method you choose to acquire and sell the stock.
Your livestock facility can be used for breeding, trading or finishing purposes.
It’s fast and simple to put in place.
The facility is revolving credit and once repaid can be used to purchase more stock.
Apply online by completing the simple 3 step application process and you will get an answer in minutes.
One of our livestock experts will call you within one business day to confirm the details of your application.
Find the stock you want to purchase, using any stock agent or purchase method you choose. Send us the invoice and we pay it directly to the stock agent or vendor. Following sale of the stock, you’ll receive the sale value less the purchase price, fees, costs and accrued interest.
No, the online application is one part of the process designed to reduce the amount of paperwork you need to fill out.
When you apply online, a Rural Manager will call you to talk through your options including our fees, interest rate and documentation needed.
If your application is approved you will receive a loan document that once you accept and sign, will finalise your application.
You will not incur any fees until your first livestock invoice is paid by us.
Our interest rates are based on your individual situation; this will range from 7.5% p.a to 16% p.a.
Heartland Bank has teamed up with New Zealand Young Farmers and is looking forward to building a great working relationship.Find out more