First Ag Capital

Working Capital Solutions for Agribusiness

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.

Sectors

First Ag Capital offers a variety of products for the financing of your livestock. We have a robust feedlot and backgrounding product for cattle, as well as speciality solutions for pigs and poultry.

Livestock

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.

Grains and oilseeds

First Ag Capital is happy to engage with both buyers and suppliers of cropping inputs to arrange finance in a way that reduces risk to the seller, and ensures that buyers have access to quality fertiliser and crop chemicals when they need them.

Inputs

First Ag Capital offers a range of asset backed cotton financing products, the team has experience in managing pricing and basis risk for a variety of cotton trades, and is happy to structure a transaction that works for your business.

Cotton

Products and Services

Working Capital Products

Flexible Loan Facilities

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.

Repurchase (Repo) Facilities

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.

Accounts Receivable/Payable Facilities

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.

Other Agribusiness Solutions

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.