Looking to grow your farm business in 2021?
No matter what you need to achieve your growth goals, Elders Agri Specialists offer expertise across a wide range of services to help you expand this year. From livestock funding, finding the right property, financing at competitive rates and flexible terms, or covering your assets with sufficient insurance, our specialists are equipped with local knowledge and the right products to ensure you are supported to reach your potential in 2021.
We can also condense the insurance options to something along the lines of: Your local Elders Insurance Agent can provide you with expert advice tailored to your personal circumstances, whether you need business, farm, personal or commercial motor and fleet insurance.
Enter your details to speak to one of our specialists or find out more below.
Elders Financial Services
Elders statements for the full year
Elders now makes it easier for you to coordinate the supply of your stock firm statements to your accountant, though Elders Online. This portal provides quick and easy access to all your transaction details and allows you to view, print or save all your historical transaction details. You’re also able to reprint invoices, download a transaction file which can be loaded into your accounting software and view all of your payments due and coming due.
Farm Management Deposits
FMD’s allow you to set aside up to a maximum of $800,000 pre-tax income from your profitable years and earn interest on it. To be eligible for taxation benefits, you need to hold funds in your farm management deposit (FMD) for at least 12 months.
In partnership with strategic agri finance provider StockCo, we are able to offer livestock finance specifically to capture trading opportunities.
StockCo’s livestock finance lets you fund the purchase of sheep and cattle for backgrounding, finishing or trading purposes. Facilities are available to finance livestock in feedlots or on pasture.
Elders Livestock Funding
Elders Livestock Funding offers quick and easy sign up with a one-page application form, available at your local Elders branch. There are no establishment fees, so you pay nothing unless you use the facility.
Funding is available for all commercial sheep and cattle, simply let your Elders representative know at the time of the purchase that you would like the livestock put on your livestock facility.
Shear Cents Merchandise Advance
Fund your shearing merchandise purchases with interest free terms on your shearing merchandise.
Prepay with Elders
Prepay with Elders and receive a 4.2% p.a. reward on future Farm Supplies and Rural Products purchases.*Download the application form here, or request an application form from your local Elders branch. Once approved, an invoice will be provided and a reward of 4.2% p.a. will be applied to your pre-payment account.
Disclaimer: This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. For farm management deposits special legislative requirements must be adhered to and you should consult your taxation advisor before making a decision to invest in a farm management deposit and terms, conditions, fees and charges may apply. Full details are available on application by phoning the Rural Bank Customer Service Team on 1300 660 115 or online at ruralbank.com.au or by visiting your local branch. All information is subject to change. For deposit products Elders Rural Services Australia Limited may receive a commission based on the average account balance. Full details are available in the Elders Financial Services Guide (FSG). For lending products terms, conditions, fees and charges apply. Rural Bank products are issued Rural Bank – A Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL/Australian Credit Licence 237879 and distributed by Elders Rural Services Australia Limited AFSL 237757.
Subject to approval in accordance with StockCo’s eligibility criteria. Finance charges are capitalised monthly. The above are indicative finance costs. Actual costs of funding will be dependent on agreed finance rates, exact purchase prices and exact length of lending term. Terms, conditions, fees, charges and credit assessment criteria apply. You should seek advice on the appropriateness of products in relation to your particular circumstances. Products are distributed by Elders Rural Services Australia Limited ACN 004 045 121 and issued by StockCo AgriCapital Pty Limited ACN 604 825 747.
For the Elders Financial Services Guide click here.