Are you?
- Looking to fund this year's crop, without tying up your land as security?
- Looking to apply additional inputs to your crop, but lacking funds?
- Experiencing some unbudgeted expenses?
- Keen to upgrade equipment in preparation for harvest?
- Interested in having access to cashflow without having to commit to grain sales?
Pre-Pay Advantage could be just what you are looking for. Ready to learn more?
What is it?
- Pre-Pay Advantage (PPA) is seasonal crop finance. Funds can be used for working capital to grow your crop
- PPA is a pre-payment for grain, at an advance rate of $200 per tonne committed
- If approved, a prepayment facility is made available, which can be drawn down on request
- You are required to deliver your committed tonnage to a CBH storage facility at harvest
- You have until 31 July (after harvest) to repay the facility through grain sales to CBH
- EFT repayment is also accepted during or after harvest, if a CBH grain sale doesn’t work out
Key features
- Flexibility to market grain your way
- Competitive variable interest rates from 6.49% pa
- Loan drawdowns can be accessed online during the growing season/before harvest.
- Easy repayments via grain sales to CBH or EFT repayments at harvest
- Surplus committed tonnes released to you when facility is repaid
- Applications can be made in LoadNet
- Fast turnaround times from submitting application to approval
- Can help safeguard your business against unexpected costs or cashflow issues
How it works
Three easy steps
- Apply and submit for credit assessment in LoadNet
- Draw down funds for use in your cropping business
- Repay seamlessly from grain sales, or via EFT from harvest
FAQs
The details
The process
Terms and conditions:
Request a call back about this product
-
Need help?Contact the Grower Service CentreCall now