First Ag is a niche provider of finance solutions to customers in the Agricultural sector, positioned at any stage of the supply chain. Through our cross-border financing capability our reach extends beyond Australia, giving us the connectivity to support a range of industry sectors internationally. The First Ag team leverages investment banking experience in combination with the technology in our lending platforms to deliver flexibility and timeliness in meeting your working capital funding needs.
First Ag products not only benefit our customers but also the wider community, including local farmers, transport companies and the broader regional economy. Our products can be used to accelerate expansions which in turn create jobs and stimulate economic growth.
Contact us to discuss your funding need.
First Ag Capital offers a variety of products for the financing of your livestock. We have a robust feedlot and backgrounding product for Cattle and Lambs.
First Ag Capital funds a variety of grains for producers, marketers and end users. Grain transactions may be secured by just the grain or at a general corporate level. Eligible grains include: wheat, sorghum, barley, canola and speciality products including legumes.
First Ag Capital offers a variety of products for the financing of your dairy livestock in both Australia and New Zealand. We have a 'Herd Lease' product for dairy cows that is linked to your milk supply contract.
First Ag’s flexible loan facility product is a type of loan that allows our customers to borrow against the value of their inventory at any given time. The amount of the loan is directly linked to the assessed valuation of the inventory, known as the “Borrowing Base” and the available loan grows and falls as that inventory value changes. It’s ideal for assets like cattle whose value grows over time and is realised on an ongoing basis over a cycle. Our customers can typically have between $20m and $60m tied up in the value of cattle that are backgrounding, in feedlot and with the processor. Read about our recent deals here.
Repo facilities are ideal to release working capital for customers who trade in commodity goods, with a publicly traded market price (e.g. wheat and barley). In a repo facility, First Ag will purchase physical commodity from the customer or a supplier and the customer then agrees to purchase that commodity at a later time from First Ag at a pre-agreed price. Repo facilities can be very flexible, allowing for a range of terms, trade flows, and pricing scenarios that best suit the customer and the market they operate in. Read about our recent deals here.
These facilities allow our customers to obtain early funds against issued invoices. First Ag will purchase or fund against underlying invoices issued to buyers or, in the case of supplier facing payables solutions First Ag can in some cases provide a funding line to assist with cash management, pricing and supply chain relationships. Read about our recent deals here.
As a specialist in agribusiness financing, First Ag brings a unique depth of understanding to financing growth in the sector. We are always happy to discuss your business growth plans. If you’re not yet sure of your needs, contact us and can work with you to develop an optimised financial product to support that growth.