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 we require
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
Your driver's license or passport
Proof of address
A utility bill or bank statement with your address
Documents
Balance Sheet & Budgets
Disclosure Statement
GrowPay has partnered with Heartland Bank Limited to provide access to a range of personal and business loan products. Heartland Bank Limited is a licensed registered bank, regulated by the Reserve Bank of New Zealand under the Reserve Bank of New Zealand Act 1989, and registered as a Financial Service Provider in New Zealand (FSP number: FSP53901).
All loan applications submitted through GrowPay are referred to Heartland Bank and are subject to Heartland’s independent credit assessment, lending criteria, and responsible lending obligations under the Credit Contracts and Consumer Finance Act 2003 (CCCFA). GrowPay does not provide credit decisions or financial advice and acts solely as a digital interface.
To view loan terms, fees, and eligibility requirements, please refer to https://www.heartland.co.nz/about-us/documents-and-forms or consult Heartland Bank’s or GrowPay for full lending documentation. GrowPay does not provide credit decisions or financial advice and acts solely as a digital interface.
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