What rate is applied to the calculator and is interest compounded?

Our calculator is set at 1% per month (or 12% p.a.) and applied as a simple figure in dollars per head to give you an indicative margin and finance cost on your trade. The finance rate is calculated daily and compounded monthly. The calculator is simply a guide and rates vary on an individual basis. Contact StockCo to discuss further. Remember that StockCo’s product is not a traditional loan product. We deploy 100% of the purchase cost and accrue funding costs until the animal is sold, at which point we remit the margin to you. In other words, your margin is the sale price less the purchase price and cost of funding. The cost of funding is similar to a Cost of Goods sold in your production budget – just like freight, ration or drench.