Jade Agri Finance FAQs

The type of farming operation may impact a loan offer, subject to individual lender criteria. Lenders would consider the performance and potential of the property, the market prices for the produce, turnover and other business figures when making loan offers.

When purchasing farming land that requires development works, separate loans would be required for the acquisition of the land and the cost of the earthworks and construction.

Leasehold and freehold loans can vary. Leaseholds would not provide the buyer with ownership of the property. A freehold provides ownership of the entire asset. The length of the lease may impact the rates and terms offered.

Repayment terms on commercial property loans are individually negotiated. The term offered may depend on whether it is a freehold or leasehold.

Real estate and livestock are financed with different funding products and arrangements. Typically the livestock and real estate would be funded under separate loans, but a package finance solution may be offered by some lenders.

Yes. Buyers may be conditionally pre-qualified for a farm loan by applying prior to an auction. Details of the property will be required for the application. Applicants may be approved for a credit limit to allow them to bid to that amount at the sale.

A loan to buy a dairy farm may vary. It may include an all-up package for land, livestock and assets, or separate loans for the land and buildings and machinery assets. All commercial property loans are individually structured and offered.

Yes. First-time farmers may be approved for a loan to buy a farm when meeting the lender criteria. Individual credit profiles, asset holdings, and income are assessed by lenders when approving loan applications.

Commercial property interest rates vary with the credit profile of the buyer, the lender, the size of the loan, deposit, and may vary with the turnover and potential of the operation.

No. Owner-occupier home loans and loans to purchase commercial agricultural property are different. Rates and terms differ, along with the deposit requirements.