StockCo purchases your livestock from you at an agreed value that is no greater than the current market value. When these livestock are sold, the proceeds are sent to StockCo. We retain the purchase price and finance costs and send you the difference

You need to have an active StockCo facility. Either one of our Livestock Managers (or your agent) will visit the farm to appraise your livestock. We need to make sure the stock are not captured by the security of another financier - for example, a bank or rural merchant. If they are, we will ask them to confirm that they have no security interest in the stock we are proposing to advance against. We can then purchase the stock from you and send you the funds. Levies are payable on this transaction. As the purchaser, we will pay you the GST-inclusive amount which will need to be remitted to the ATO.

If there are no other parties (banks, other financiers, rural merchants, etc.) interested in your livestock, we can complete the process in a matter of days.

The livestock agent’s appraisal will determine the market value of the livestock. We then consider the stock class, term of trade and expected margin. StockCo may advance up to 100% of the appraised market value of the livestock; however, the final amount may be reduced depending on your situation.

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
• Cash
• 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.

StockCo provides livestock finance facilities to customers that satisfy the following criteria:

• Existing livestock producer with greater than 3 years experience.
• Own existing livestock producing property, but can also have other leasing or agistment arrangements.
• Previous experience dealing in the proposed livestock class the customer is seeking finance for.

StockCo makes decisions based on its own internal credit criteria that may include, but isn’t limited to the above criteria. See the ready to trade with StockCo page for further information on the application process.

We take security directly over the livestock that we have funded. We register our interest in the livestock on the Personal Property Security Register. We also track livestock movements via the National Livestock Identification System Database. Additionally, in the event that our customer is not the owner of the business assets, we may require a guarantee.

In some instances, StockCo may require other security agreements following its assessment of the customer.

For Breeder Finance and Stock Advance products StockCo require a release from any parties that have an existing security interest that encompasses livestock. This release relates only to the livestock to be financed by StockCo. This process can take some time depending on the security interest holders' processes. See our Personal Property Security Register page for more information on security interests.

Our Buying and Selling Instructions are contained in the document section of this website

You can pay out your obligations to StockCo at any time with no penalties, however all trades have a maximum term of up to a year where livestock need to be sold by. This may be extended subject to StockCo's consent.

You can apply by completing our online application form or download a form from our documents page.

You can lodge your application with any of our approved distribution partners or directly with StockCo. To find a local distribution partner near you please contact us on 1800 283 447 or via email at [email protected].

In most cases we will visit you on farm to ensure we have a thorough understanding of your business and your goals.

After your application is lodged it will go through our Ready to Trade process.