CRT Finance livestock credit facility
Purchasing trade livestock has just become easier. CRT’s livestock finance facility allows you to defer the payment of trade livestock until they are sold (up to six months for sheep and 12 months for deer and cattle).
What are your options?
The CRT Finance livestock credit facility is revolving credit available for the exclusive use of CRT shareholders. Limits are available up to $500,000 on a 12 month basis with an easy annual review for those shareholders who wish to keep the facility for the next season.
Your CRT livestock credit facility can be used to fund trade livestock purchases only. If you are interested in financing the purchase of capital stock please see our term loan information.
Generally the only security required for this facility is over the livestock purchased. CRT Finance Ltd credit criteria will apply.
Interest and fees
Our competitive interest rates of 1% per month or 12% per annum can be charged monthly to your bank account or capitalised onto the loan and be paid on the sale of livestock.
A facility fee of 1% per annum, charged in advance at 0.25% per quarter will apply.
How do you apply?
If you would like apply for a livestock credit facility or would like to discuss your options further we recommend that you contact your local livestock agent who will be able to guide you through the process.
Alternatively you can submit an application form along with a copy of your latest financial accounts to loan@crt.co.nz or post your application to CRT Finance Ltd, Private Bag 1968, Dunedin 9054.
Downloadable documents: