It's no secret that at NZAB we have been working on ways to expand the availability of capital to New Zealand farmers for a while now.

We've talked at length about the impacts increasing regulation has had on Bank risk appetite, about how critical it is that capital is available not just for those farmers that 'fit the mold' but those that operate in the real world, the one where things don't always tick all of the boxes, where calculated risks are taken, and ultimately where wealth is created and protected.

A new Lending Option

We have built NZAB Capital as a genuine non-bank lender that provides first mortgage loans for a 3 to 5 year term enabling farmers to execute on their development, expansion, or restructuring strategies before refinancing bank to main bank.

We have built this from the ground up using what we have learned over the past 25 to 30 years in the industry, developing our own credit processes, embedding local decision making, and creating a funding structure that ensures we can scale, but most importantly support farmers through the inevitable commodity cycles.

Over the past 12 months we have explored multiple options to fund our platform. It was important to us that we were able to provide loans and working capital structures that matched farmers needs, and capital at a price that ensured businesses succeeded rather than failed.

We are incredibly proud to have Macquarie Bank supporting us with an initial $500m of funding. We've got the scope to grow beyond that, and have already met with many other global capital providers that will undoubtedly support our platform as it grows.

We are already underway, with $32m of loans drawn so far, and many more in progress.

Supporting what the Banks do well

Over the last nine years, we have seen that Farmers are incredibly good at backing their own judgement and building strong businesses over time, but we see more and more situations where the strategy makes sense but the Bank simply cannot support it under their criteria.

NZAB Capital is designed to complement this with the capital required to get through the initial period, and create a track record that a Bank can support.

Taking this approach ensures that we are creating new capital for the industry, rather than competing to refinance what is already there. This is critical if we are to create pathways to fund our future farmers.

Powered by Advisory

NZAB Capital is enabled by our existing advisory offering. For our team, it's as simple as another tool in the toolbox when the strategy has been clearly defined. 

Our team brings together New Zealand's most experienced Agri Banking professionals, with more than 500 years of combined industry experience. We have built strong, long standing relationships with the Bankers, Accountants, Lawyers and other intermediaries that work closely with our farmers. Being able to support those relationships and capability with capital is an exciting natural progression for NZAB. 

Find out more

NZAB Capital is only available via our Advisory team at this stage, so please click here to connect with our team, or here to send us a message via our website.

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NZAB, 335 Lincoln Road, Addington, Christchurch, New Zealand 8024, 0800 NZAB 12

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