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Listen "Bank’s advice for herd-owning sharemilkers | Ep. 58"
Episode Synopsis
What are the main things to consider before approaching the bank for backing to go into herd-owning sharemilking? Sian Mitchell, ANZ agri manager, explains how to get yourself into as strong a position as possible to secure the bank’s support. She also covers the loan approval process, how and why the bank takes security over the cows, GST loans, loan structures, coping with profit ups and downs, and more. NotesSharemilking and contract milking arrangements - DairyNZBudgeting tools - DairyNZBuy Contracts (fedfarm.org.nz)Business by the Numbers - Dairy TrainingProgression Management - Dairy TrainingHave feedback or ideas for future episodes? Email us at [email protected] Connect with DairyNZ Stay up to date with advice, latest research, tools and resources. Read, browse, scroll, listen, or be there in person. Visit dairynz.co.nz/get-connected
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