I want to pay down my facility as quickly as possible, what options do I have?
Our normal repayment process is one for one – i.e. we pay off one animal when one animal is sold and send the margin to you. However, we can also work with you to adapt the process to your cash flow and business goals. This may involve holding all proceeds to repay the facility as quickly as possible or paying off extra from each sale to either get ahead or catch up on the finance payable for deaths. Speak to your AFM when you want to explore your options.