Oxbury Finishing Livestock FAQs
Oxbury Finishing Livestock is a revolving credit facility for shorter-term finishing livestock (3-to-18-month terms), while Oxbury Capital Livestock supports longer term (3 to 5 years terms) purchases for refinancing existing capital stock or purchasing a new herd/flock.
Yes, Oxbury Finishing Livestock is a loan. You remain the legal owner of the livestock financed.
$100,000 for Oxbury Finishing Livestock.
We will direct debit repayment from your bank account after sale of the livestock, or on an agreed date. You can repay your facility early.
Once we have confirmed your facility is active, then you can drawdown on your facility by sending us an invoice for the purchase of livestock. We will send you a schedule which confirms the applicable finance costs. On approval of that schedule we will settle the invoice on your behalf.
We finance sheep, cattle and deer. Currently we do not finance sire bulls, rams, stud livestock, goats or pigs.
We will take security over the livestock financed which will be registered on the Personal Property Security Register. Depending on your circumstances we may ask for guarantees or other security.
Typically, you are eligible to apply for Oxbury Finishing Livestock if:
- You have a good credit history
- You have successfully farmed livestock for at least three years
- You are a GST registered farming business
- All applicants are aged 18 or over
- You pass satisfactory credit checks
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