| At a Glance |
|
| Facility Amount |
Minimum $250,000 |
| Term |
No minimum or maximum - pending approval. |
| Interest Rate |
Variable rate, available on application. Contact a Manager for a quote. |
| Interest Charging Options |
Monthly, Quarterly, Half yearly, Yearly. |
| Repayment Terms |
No fixed or minimum repayment arrangements. |
| Transaction Account |
Yes - 30 free transactions per month. |
| Account Access |
Cheque book, ANZ Internet Banking, ANZ Phone Banking, ATMs, EFTPOS, ANZ branches. |
| Fees and Charges |
Fees and charges are payable. Please ask for the ANZ Revolving Agri Line - Terms and Conditions, ANZ Business Banking Finance Fees and Charges and ANZ Business Transaction Accounts Fees and Charges (PDF, 127KB).
Please ask your local ANZ Rural Manager for relevant details. |
An ANZ Revolving Agri Line is an ideal way to manage your finances and adjust to seasonal commitments. This facility is designed for the agribusiness that has large fluctuations in its cash requirements due to seasonal income and timing issues. The loan is able to fluctuate at the discretion of the borrower. Interest repayments are flexible and can be charged at a time that best suits your cash flow.
Within an agreed limit you can utilise your facility at your discretion and pay it down when you have surplus funds, or use the funds for other commitments and draw the facility back up when you need it. You will only pay interest on the funds you use.
ANZ Revolving Agri Line has the added benefit of being linked to a cheque account and provides access to all other ANZ banking channels.
If you’d like further details or a quote, please contact us by sending an e-form or contact an ANZ Manager.
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