Livestock Loans in New Zealand

A complete guide to livestock loans in NZ. Learn structures, LVRs, rates, and the application process for funding cattle and sheep purchases.

What is a livestock loan?

A livestock loan is a specialized financing facility designed to help farmers purchase cattle, sheep, and other stock. Unlike traditional farm mortgages, these facilities are structured around the value and turnover of livestock.

  • • Secured by the livestock being financed
  • • Flexible repayment aligned to stock sales
  • • Shorter review cycles than property loans
  • • Variable interest rates based on risk
Cattle in New Zealand pasture

Structures & security options

Stock Security Only

First charge over the financed livestock

  • • Simplest structure
  • • Fastest approval
  • • Lower LVRs typically
  • • Good for established farmers

Stock + GSA

General Security Agreement over farm assets

  • • Higher advance rates
  • • Better pricing available
  • • Covers equipment/inventory
  • • More comprehensive security

Property Security

Mortgage over farm property

  • • Highest advance rates
  • • Best pricing terms
  • • Larger facility limits
  • • Longer approval process

Rates, terms & LVRs

Typical Rate Ranges

Dairy Cattle 7.5% - 11.5%
Beef Cattle 8.0% - 12.0%
Sheep 8.5% - 12.5%

LVR Guidelines

Stock Only Security 60-75%
Stock + GSA 70-80%
Property Security 75-85%

Application process

1

Pre-Qualification

Submit basic details and stock information

2

Documentation

Provide financials and stock details

3

Assessment

Lender reviews and provides terms

4

Settlement

Funds released for stock purchase

When livestock finance makes sense

Good Fit Scenarios

  • • Seasonal stock purchases and sales
  • • Herd expansion or replacement programs
  • • Taking advantage of market opportunities
  • • Preserving cash for other farm investments
  • • Smoothing cashflow across seasons

Consider Alternatives When

  • • You have sufficient cash reserves
  • • Stock prices are at historic highs
  • • Uncertain about sale timings
  • • Limited livestock management experience
  • • Existing debt levels are high

Livestock Loan Questions

How is livestock finance different from a farm mortgage?

Livestock facilities are tied to stock value and turnover, often with shorter review cycles and stock-based security.

Can I use livestock finance alongside a farm mortgage?

Yes. Many farms blend facilities to optimize cashflow and risk.

What happens if stock prices change?

Lenders monitor value and may adjust limits at review. Sensible buffers and cashflow planning help manage volatility.

Can I finance mixed herds?

Usually, yes. Provide a breakdown by class and your rationale for the purchase.

Ready to Explore Your Options?

Get pre-qualified and see what livestock loan structures work for your farm.

Apply for Pre-Qualification 🚀