FINANCIAL PRODUCTS AND SERVICES

Note: Conditions, fees and charges may apply to products and services. Products and services may also be subject to change.

Rural Finance

FarmWorks Financial Services offers a wide range of competitively priced rural and commercial finance products and services, including:

Harvest Line

A loan advance that offers wheat growers a competitive variable interest rate and allows growers to utilise the equity in the seasonal wheat harvest early. Features include:

  • Utilise up to 90% of your estimate pool return;
  • Security against delivered grain;
  • Repaid by AWB quarterly distributions;
  • Competitive interest rates.

AgriOne

Designed for accounts with large borrowings, the AgriOne account combines a fully fluctuating overdraft facility and deposit facility at competitive rates.

Seasonal Overdraft

To meet your seasonal working capital requirements.

Term and Commercial Loans

Expand and grow your business. Suits borrowings of a capital nature. Features include:

  • Variable and fixed interest rate options;
  • Principal and Interest, Interest Only and Interest only in Advance options;
  • Redraw available;
  • Repayments can be tailored in line with cashflow.

Commercial Bills

For borrowings of both a capital and working capital nature. Features include:

  • Variable and fixed interest rate options;
  • Repayments to suite your cashflow;
  • Redraw of funds available.

Commercial Business Finance

Commercial Advance

A market related short-term loan for business customers. Suitable for larger borrowing requirements. Features include:

  • Minimum term 30 days;
  • Maximum term 185 days;
  • Interest set daily based on bank bill swap rate;
  • Interest paid monthly or at maturity.

Business Equity Line

A line of credit providing at call funding for businesses that wish to fund capital growth. Features include:

  • You control timing of withdrawals;
  • Minimum drawing $5,000.00;
  • Two free withdrawals per month.

Business Credit Cards

Provides easy access to an ongoing line of credit enabling clients to take advantage of business opportunities.

For further information and details please contact a FarmWorks Financial Services Agribusiness Finance Manager.

Equipment Finance (including Specialised Finance)

FarmWorks Financial Services can offer a range of competitively priced products and services to meet all your equipment and specialised finance needs, including:

Equipment Finance

  • Hire Purchase
  • Commercial Leases
  • Chattel Mortgages
  • Operating Leases

Specialised Finance

  • Invoice Discounting
  • Floorplan Finance
  • Inventory Finance
  • Marine, Motor Dealers and Aviation Finance

For further information and details please contact a FarmWorks Financial Services Agribusiness Finance Manager.

Consumer Finance (personal)

FarmWorks Financial Services can offer a wide range of competitively priced personal lending products and services, including:

Home and Investment Property Loans

Competitively priced loans to acquire a home, investment property or utilise equity in your property for personal or investment purposes. Features include:

  • Variable and fixed interest rate options
  • Principal and Interest, Interest Only and Interest only in Advance options
  • Redraw of funds available

Equity Loans

Utilise the equity in your home for personal or investment purposes. Features include:

  • Instant access to funds;
  • Interest only repayments (if limit reached)

For further information and details please contact a FarmWorks Financial Services Agribusiness Finance Manager.

Transaction, Savings and Investment Products

In order to meet our client's total business and personal needs FarmWorks Financial Services can refer clients to FarmWorks Financial Services' dedicated BankWest resources who can provide access to a full suite of transaction, savings and investment products and services, merchant services plus financial market and international business products and services.

These products include:

  • Cheque Accounts
  • Savings Accounts
  • Investment and Management Accounts
  • Financial Market products
  • International Business products

Other Products and Services

FarmWorks Financial Services can refer clients to FarmWorks Financial Services' dedicated specialised BankWest resources who can provide access to the following complimentary products and services:

  • Financial Markets
  • International Business
  • On-line Banking
  • Payment processing services
  • Accessing Accounts, Account Information and Servicing Requests

Financial Markets

Specialised resources can provide advice and access to a wide range of Financial Market foreign exchange and interest rate products and services, including products to assist clients in managing their interest rate and foreign exchange risks. Products and services include:

  • Spot and forward currency sales and purchases, options, swaps, strategies and provision of market information;
  • Economic updates.

International Business

Specialised resources can provide advice and access to a wide range of International Business products and services to assist clients with their trade finance needs. Products and services include:

  • Trade services for Importers;
  • Trade Services for Exporters;
  • Products for managing foreign currency, including deposit accounts and spot and forward currency sales and purchases;

Online Banking

Provides clients with online access to business and personal accounts via BankWest Online Banking products and services. Features include:

  • Internet based product;
  • 24 hour access;
  • View account information (balances and transactions);
  • Make payments (internal transfers, payroll, BPAY, Direct Debit);
  • Control user access.

Payment processing services

Provides clients with the opportunity to maximise sales by offering their customers the convenience of electronic card payments and on-line solutions.

Accessing Accounts, Account Information and Servicing Requests

FarmWorks Financial Services' clients have the ability to access their funds, account information and servicing requests via a number of channels:

  • ATM's;
  • Online Banking;
  • Telephone Banking;
  • EFTPOS;
  • BankWest Branch network and dedicated resources
  • FarmWorks Financial Services Agribusiness Finance Managers

If you require or would like to discuss any of the above FarmWorks Group products and services, do not hesitate in contacting one of our Agribusiness Finance Managers or the appropriate FarmWorks representative.

Please visit our Finance Contacts page for staff details.

Confidentiality

FarmWorks Financial Services understand the sensitive nature of client's financial affairs and the need to keep information confidential. We respect the laws and our client's right to Privacy and Confidentiality.