AGRIBUSINESS

Every business in Agriculture is different. Whether its cropping, grazing or intensive farming no two properties are alike. Different soil types, management styles, farming technics and the all important rainfall patterns affect each property differently. Financing for each farming enterprise is also different and that’s where Toowoomba Mortgage Brokers helps to fill the gaps. We are able to assess each enterprises requirements. And then structure finance via lending institutions to match these needs.

We are finding in the ever demanding Banking world of profit and productivity that service levels are not where they used to be. Bank Managers are now more reactive than ever and are time poor to properly service individual clients with larger client portfolios and demand to put on new business. This in turn leads to high staff turnover and not many people who have been in business for a while can count on only one hand the number of bank Managers they have had.

Engaging an experienced Agribusiness Broker you will get a proactive professional to assist with your Banking requirements committed to a long term relationship. This goes from assisting with Annual Bank Reviews to overviewing current loan structure and keeping an eye on interest rates.

We can assist with:

  • New Rural Property Purchases
  • Finance for cattle
  • Equipment Finance
  • Refinancing your existing business borrowings
  • Assessing expansion ventures or first time borrowers in the rural industry
  • Succession Planning finance
  • Annual reviews involving cashflow projections
  • Assessing Business Ongoing viability
  • Increasing herd or flock and assessing impact
  • QRAA Applications
  • Centrelink Farm Household Allowance


Bank Debt Mediation

When you fall foul of the Bank and they have severed the Banking relationship you may be entitled to a Bank Debt Mediation process depending on the state (NSW / QLD) your business is situated.

This time can be a very stressful period as you will find a very unresponsive and sometimes rude Manager put in to handle your file. At this point in time the Bank does not want any further relationship with you and would prefer you to leave the Bank by sale of assets or Bank refinance. Unlike when you are the honeymoon period going to a new Bank, the Manager is very nice and wants a personal relationship however it is totally the opposite when the relationship breaks down.

Most people become very angry at this point in time and can sometimes make uninformed decisions that lead to action that affects the outcome of the mediation process.