Giving you the flexibility to grow with low competitive rates.
Whether you're establishing a herd, building a stud, or expanding a flock, the less money you spend up front, the more options you have down the track.
Westpac Livestock Leasing terms start at 12 months and can be stretched to up to seven years. The rate is competitive with proceeds paid direct to the supplier. Payments can be structured to suit your cash flow.
One of the key benefits of a Livestock lease with Westpac is that there are no reporting requirements or stock turnover requirements.The leasing rentals for your income producing stock are potentially tax deductible.
And we aim to give you credit pre-approval within 24 hours, so you have the freedom to select your livestock when the market conditions are right. That means you'll be able to afford better genetics, and increase production and the return on your investment.
Who's eligible?
Agribusiness customers who have, or planning to offer a Westpac first party mortgage on their rural property as supporting security for their Westpac Livestock Lease.
More information
For more details speak to your local Agribusiness Banker, call Country Business Direct on 1300 134 979 or locate your local branch.