Pool Payment Options

CBH understands every business is different, which is why we offer a range of pool payment options to help make your grain marketing decisions easier.

Through our pool payment options we offer security of payment, flexibility and convenience with fast payment terms of three business days. You can access all your paper work in one convenient place via your LoadNet account.

Use the online Pool Calculator to get an up to date estimate of your pool payments through the different payment methods available.

Pool payment methods and timeline

The following timeline is indicative for a typical season and may change from time to time. For the most up-to-date payment timing and percentages, please refer to CBH's Pool Calculator.

^Advance payments in July and at pool finalisation are dependent on the Estimated Pool Return (EPR).

*Access to 100% of your loan limit, see below for more details.

ADVANCE

The Advance payment method provides you with an up-front harvest payment within three business days from day of nomination. Use the Pool Calculator to find out how much advance is available for each commodity.

Further payments may be made in July and at the pool finalisation date dependent on the Estimated Pool Return (EPR).

• GST applies to Advance payments
• An estimated finance charge is deducted from your payment at harvest, and is adjusted over subsequent payments
• Underwriting is optional

HARVEST & FLEXI LOANS

There are two loan options to choose from with a Harvest Loan or Flexi Loan. 

Harvest Loan automatically gives you 100% of the available credit limit within three business days from nomination.

Flexi Loan gives you 100% of the available credit limit that you can manage and drawdown as required.

Please note that only one loan payment method can be used for each commodity that you nominate into a Harvest Pool.

Re-payment Timeline

DISTRIBUTION

You can spread your income throughout the year and receive quarterly payments with the distribution payment method. Each payment reflects the pool's net available funds received from sales at the time of distribution.

• GST applies to distribution payments
• Payments are made quarterly as per the timeline, but are subject to change
• No finance charges apply
• Underwriting is not available

DEFERRED

Receive your first payment in July following harvest, with the final payment at pool finalisation.

• GST applies to deferred payments
• An estimated finance charge or credit may be applied to the July payment
• Underwriting is not available

Underwriting option for your pool equity

On your request CBH will underwrite a percentage of the Nominated Estimated Pool Return (NEPR). This means that you are protected if the final pool equity falls below the underwritten percentage of the NEPR.

• Underwriting is optional
• Available for the Advance, Harvest Loan and Flexi Loan payment methods
• Complete an Underwriting Election Form to opt in

Fees summary

Estimated costs will be deducted proportionally to the percentage distributed.

*Finance is the interest and financing costs associated with CBH's funding facility, used to pay you before payment for sales made in the pool have been received. For Loans, this is an estimate of the interest charged over the life of the loaN and is used only in the calculation of your credit limit.

^Finance on the deferred payment method may be a charge or a credit depending on the timing of cashflow.

How to participate in a CBH Pool

Take a look at our Pool products.

Contact the Grower Service Centre on 1800 199 083 for assistance.