Grow – Livestock Trading
GrowPay Livestock: Your Stock Solution
GrowPay offers tailored solutions specifically designed to meet the unique financial needs of livestock farmers and traders. Our comprehensive loan products provide flexible funding options to help you manage and grow these farming and trading operations.
Grow - Livestock Loan
Grow - Livestock ensures a streamlined application process and competitive interest rates, allowing you to focus on what you do best – raising healthy well grown animals for slaughter.
Up to 100% financing available for stock purchases
No repayments until stock is sold
Security limited to livestock purchased
Use revolving credit facility for trading or finishing purposes
Up to 100% financing available for stock purchases
No repayments until stock is sold
Security limited to livestock purchased
Use revolving credit facility for trading or finishing purposes
Eligibility Conditions
To be eligible for a Grow - Livestock Trading,
you’ll need to meet the following criteria
You must be 18 or older
You must be NZ citizen or permanent resident
The farm must be 50 hectares or larger
What You Need to Prepare
You will need to have a proven track record of buying and selling livestock, be able to offer a PPSR and or personal guarantee or security and a preference will be if there is a secured contract with a proven processor in place.
Government-issued ID
This could be driver's license, passport, or national ID card.
Proof of address
This could be a utility bill, bank statement with your address.
Schedule of Liabilities
Outline your current borrowing and personal assets & liabilities
Confirmation
We confirm the service provided We only partner with service providers that are banks or non bank deposit takers that are regulated by the Reserve Bank of NZ
Still have a question?
FAQ
1. What is the Livestock Trading Facility?
2. Who can use this facility?
3. What flexibility does this facility offer?
4. How are balances managed?
