What forms of repayment are acceptable to StockCo?
Generally, StockCo will accept the following forms of repayment:
- Sale proceeds of financed livestock (sent directly to StockCo from purchaser)
- Sale of progeny
- Sale of culls and empties
- Wool sales
- Stock Advance against progeny or other stock*
* We recommend that where a customer indicates from the outset that they wish to complete a Stock Advance against the progeny to pay the principal, that they discuss this with their bank from the outset.