Skip to main content
Sheep & Beef Direct

Fund your farm without the hassle

Buying or refinancing a sheep or beef farm? No need to visit or call the bank to get your loan sorted. With our self-serve online application, the process is in your hands – on your time.

Heartland Rural Direct

Save time and money with Heartland

Sheep & Beef Direct makes applying for a farm term loan quicker and easier. If you know what you’re after, apply and get a decision online.

Are you eligible?

To be eligible for a Sheep & Beef Direct loan, you’ll need to meet the following criteria.

  • You are a sheep or beef farmer.
  • You have more than 50% equity
  • The farm is 50 hectares or larger.
  • You will provide us first mortgage security.
  • You are 18 or older and a NZ citizen or permanent resident.
  • You will be (or become) the owner/co-owner of the farm.
Heartland’s lending criteria, terms, conditions and fees apply.

How does it work?

  1. Complete the 4-step online application anytime, anywhere. Step
  2. Get a decision online. No phone calls or bank visits required.
  3. We’ll confirm your details and loan structure, conduct any required checks and request any supporting documents. Step
  4. Have a chat with your lawyer to finalise the loan documentation.

Calculate your repayments

Have a play with the calculator below to see what your repayments could look like.

Got more questions?

No, at this stage we are only considering applications for farmers who already own or would like to buy a sheep or beef farm. To be eligible, you must meet the specific eligibility criteria outlined on the website page.
The interest rate for Sheep & Beef Direct is currently 4.20% p.a. and is capped for 12 months, meaning the rate could decrease during this time but will not increase. We will review this rate after 12 months. There are no establishment or ongoing fees to take out a Sheep & Beef Direct loan. There may be fees associated with varying or discharging your loan.
An online application saves you time by allowing you to apply when and where you choose. There’s no need to spend time arranging appointments with rural relationship managers or going into a bank branch.
If you’re having internet issues and are unable to complete the application online, you can give us a call on 0800 43 27 00.