Make an Enquiry
line decor
  
line decor
 

   
   

 

 

 
 


Rural and Farm Finance

Areas of finance:

  • Lifestyle blocks
  • Farm Purchase (Dairy, sheep)
  • Buying the Neighbours When it comes around this needs to be considered seriously as it can be the only and best way to expand or increase the value of your farming business.
  • Stock Finance
  • Refinance of existing facilities to allow equity release and better rates
  • Term loans for:
    • Significant farm development including fencing, fertiliser and pasture, capital livestock and stud stock purchases
    • Irrigation development
    • Plant and machinery purchases
    • Agricultural diversification

Specifications*:

  • Minimum Loan: $100,000
  • Maximum Loan: $10,000,000
  • Term: term loans: 3 to 5 years
  • LVR - up to 67% (use Fonterra Shares as Equity)
  • Minimum cash equity is normally 20%
  • Fixed and/or floating interest rates
  • Interest only or principle & interest repayments

Costs*: (these are industry standards)

  • Interest Rates:
    • Term loans: lenders prime rate plus risk margin
    • 1st mortgage: current floating rates to 12%
    • 2nd mortgage: range from 12% to 16%
  • Lender Fees: range from 0.3% to 4%
  • Legal Costs: vary upon financier and your solicitor

The exact interest rate depends on the market conditions, strength of the securities and the credit risk associated with the application and the applicant.

 
 
All of our services
Why choose ComFin?
- Quality & Results  
- Customer Service  
- Integrity & Independence
- Experience
- Value
Read further » 
Quick Links:
Downloads »  
MyComfin Login »  
Referral Partners »  
Payment »  
Feedback »  

Click to Add Add to Favourites

Make this your Home Page

 

 
    * All of the above are subject to the property, business location and normal lending criteria and do vary depending on the particular lender.        
   

© 2006 Commercial Finance Group Limited

Privacy Policy FAQ Terms and Conditions
   

All Rights reserved.

Site Map   Disclaimer