Jade Agri Finance FAQs

Terms approved on business finance are subject to the individual lender assessment of the application. Terms may be negotiated in line with the cropping season timeframe.

Repairs to properties caused by storms which are not covered by insurance, may be funded with an unsecured business loan.

The credit limit approved on season finance is determined on an individual basis. Lenders assess applications including the financials of the business, the credit history and payment record to determine how much they are prepared to extend to that business.

Construction of a dam on a property may be considered as an acceptable purpose for an unsecured business loan. The works required would not be acceptable as collateral for a secured loan so an unsecured option would be required. The loan may cover all costs of construction of the facility.

Where new producers do not have all the documentation to meet standard lender criteria, they may need to source lenders and brokers that offer No Doc and Low Doc finance.

Overdrafts are set with a variable rate of interest. The rate will vary depending on changes to rates made by the lender. The interest is charged only on the portion of the overdraft utilised.

An overdraft is an unsecured credit product where the purpose of the loan is not used as the loan collateral. No specific collateral is required but the financials, credit profile and asset base are assessed by lenders in approving overdrafts.