Products & Services
ANZ Farm Finance Loan
Simple, Quick and Cheap Farm Finance.
At a Glance
| Loan Amount | Minimum $10,000 to $250,000. |
| Loan Term | Minimum three months to a maximum of 15 years. |
| Interest Only Loan | Maximum five years. |
| Interest Rate | Variable rate, available on application |
| Interest Frequency | Monthly. |
| Repayment Terms | Interest in Arrears - Weekly, Fortnightly, Seasonally, Monthly, Quarterly, Half-yearly, Yearly. Interest in Advance - Monthly, Quarterly, Half-yearly, Yearly. |
| Repayment Options | Interest only, principal reducing, principal and interest. A balloon repayment option is available for loans with principal and interest payments. The maximum balloon amount is 80% of loan amount. This does not apply for fixed rate interest in advance business loans. |
| Security Required | First mortgage over residential, commercial or rural property. Livestock can also be used as top-up security. |
| Lifestyle Farmer | Gross income derived off farm > 75%. |
| Pricing | Eligible customers to $250,000 - Business Mortgage Index (BMI) rate only. Fees and charges apply. Please ask your local ANZ Rural Manager for details. |
| Notes | Progressive drawdown is available. Maximum progressive drawdown period is 12 months. |
ANZ's Farm Finance Loan is ideal for small scale primary producers, and offers low business interest rates.
It provides for a range of repayment options to meet cash flow requirements, and the term of the loan can be matched to the life of the asset being financed. You also have greater repayment flexibility with the ability to make full or partial payment of the variable rate loan at any time.
If you'd like further details or a quote, please contact us by sending an e-form or contact an ANZ Manager.