A better breed of loan... no bull! At BCU we offer a range of competitively priced, flexible agri finance options to help grow your farm or business... whether for the purchase of an existing farm or business, expansion, plant and machinery, or any worthwhile agri business need. With a BCU agri loan you have the choice of fixed or variable interest rate options with no ongoing fees and charges1 and no penalty for early payout2 or redraw. Repayments can be tailored to suit your cashflow cycle with monthly, quarterly, 6 monthly or annual repayment options. And to help you manage your cashflow BCU has overdraft, line of credit facilities, and the ability to assist with equipment finance. Our qualified and experienced Agri Business Managers will take their time to understand your particular circumstances. To find out how we can help you, contact one of our Agri Business Managers or call BCU Direct on 1300 228 228 Features at a Glance
Agri Loans - Fixed Rate | | Interest Rate | Fixed 1, 3 and 5 years
| | Calculated | Daily | | Charged | Monthly in arrears | | Term | Maximum 25 years | | Payments | Weekly, fortnightly or monthly | | Additional Payments | Yes; penalties may apply for additional repayments during the fixed rate period | | Redraw Facility | Yes; no redraw during the fixed rate period | | Offset Facility | No; no offset during the fixed rate period | | Security | Mortgage over residential and/or rural/commercial property | | Repayment Method | Principal & interest and interest only | | Purpose | Commercial/rural |
Agri Loan - Business | | Interest Rate | Variable | | Calculated | Daily | | Charged | Monthly in arrears | | Term | Maximum 25 years | | Payments | Weekly, fortnightly or monthly | | Additional Payments | Yes | | Redraw Facility | Yes | | Offset Facility | Yes | | Security | Mortgage over residential and/or rural/commercial property | | Repayment Method | Principal & interest and interest only | | Purpose | Commercial/rural |
Agri Loan - Investment | | Interest Rate | Variable | | Calculated | Daily | | Charged | Monthly in arrears | | Term | Maximum 25 years | | Payments | Weekly, fortnightly or monthly | | Additional Payments | Yes | | Redraw Facility | Yes | | Offset Facility | Yes | | Security | Mortgage over residential property | | Repayment Method | Principal & interest and interest only | | Purpose | Commercial/rural | * Loans subject to assessment criteria. Fees and Charges may apply. Terms and Conditions available on request. 1 Fees and charges may apply when refinancing a loan. 2 Penalty fees apply for early pay out on a fixed rate loans |
