Enhanced cash flow - store grain or sell it to any approved pool and receive up to 70% of its estimated value.
- Loan can then be repaid directly by the pool, or if storing it yourself, as proceeds become available from later cash sales
- Interest does not compound – but is regularly debited to your nominated Westpac working account.
Easy to manage – a single, consolidated short-term finance option, reducing costs and paperwork, especially when selling to different grain pools.
- No establishment fee
- Minimum loan $250,000
- Maximum loan term is 2 years
- Access funds online, via your agribusiness manager, or at branches across Australia.
Security required – generally your rural property, and if borrowing in a company name, a director's guarantee.
- Up to 70% of your harvest value can be borrowed (conditions apply)
- Access funds within 2 days (conditions apply)