We will make you a proposal with pricing when you have completed the enquiry process. This is a two-stage process. The first stage gathers contact data, your stock requirements, and runs some basic verification. Typically, we will have a phone conversation following completion of the first stage. The second stage confirms the stock requirements and gathers more background information including your high-level equity position. Provided it looks like you meet our criteria, we will give you a pricing proposal. We do not adjust the pricing based on the specifics of your position. We either do the deal or not; everyone gets the same pricing.
No. But we are looking for deals between $100k and $500k.
You, or your delegated agent.
In terms of sourcing, we will deal with any reputable livestock agency, but we reserve the right to nominate a purchasing agent to act on our behalf to ensure the stock we purchase are the stock delivered. This might mean these agents share a commission.
Yes. There may be some additional expense with this route, e.g., independent valuation, independent verification of stock delivery.
No. When we agree pricing on a specific line, we will agree the purchase price schedule for term of the agreement.
You have the right to settle the purchase of up to 35%, and we have the right to demand settlement of up to 20%, of the original tally in each year. There are further terms around these rights that will be explained when you make an enquiry.
No. You can supply whichever processor works for you.
No. You receive all milk payments directly. We will invoice you for the lease payments separately.
Yes. We are looking for at least three herd tests each season.
No. But they must be properly identified and tracked on MINDA.
We look for equity of at least $100k, representing no less than 34% of the initial stock purchase value. The equity should be backed by livestock, property, or cash. Either on your own balance sheet, or through a guarantor.
