Can I use Sheep & Beef Direct for something other than a buying or refinancing a sheep or beef farm?

No, at this stage we are only considering applications for farmers who already own or would like to buy a sheep or beef farm. To be eligible, you must meet the specific eligibility criteria outlined on the website page.

What are the interest rates and fees for Sheep & Beef Direct?

Our floating interest rate for a Sheep & Beef Direct loan starts from 5.99% per annum. Heartland may, at its discretion, charge a higher or lower interest rate depending on your financial circumstances. There are no establishment or ongoing fees to take out a Sheep & Beef Direct loan. There may be fees associated with varying or discharging your loan.

Why is the application process online?

An online application saves you time by allowing you to apply when and where you choose. There’s no need to spend time arranging appointments with rural relationship managers or going into a bank branch.

What if my internet connection isn’t strong enough to complete the application?

If you’re having internet issues and are unable to complete the application online, you can give us a call on 0800 43 27 00.

Sheep and Beef Direct | Heartland Bank

Fund your farm without the hassle

Buying or refinancing a sheep or beef farm? No need to visit or call the bank. Apply online for a Sheep & Beef Direct loan to get a competitive interest rate, plus the option for interest-only repayments.

Apply now Calculate your repayments

Why choose Sheep & Beef Direct?

Sheep & Beef Direct makes applying for a farm term loan quicker and easier. If you know what you’re after, apply and get a decision online.

We’ll review your loan every two years. Interest only for five years, or 25 years P&I

Borrow from $50,000 to $5 million with no set-up fees or hidden costs

Optional revolving credit for seasonal requirements

Refinance, buy new or a combination of both with no need to switch over your everyday banking

Are you eligible?

You must be 18 or older
You must be NZ citizen or permanent resident
You must be a sheep or beef farmer
You must have more than 55% equity
The farm must be 50 hectares or larger
You must provide us first mortgage security

Heartland’s lending criteria, terms, conditions and fees apply.

How to get a Sheep & Beef Direct Loan

1

Complete the online application anytime, anywhere and get a decision online. No phone calls or bank visits required.

2

We’ll confirm your details and loan structure, conduct any required checks and request any supporting documents.

3

Have a chat with your lawyer to finalise the loan documentation.

Apply now

General information

Where can you learn more? View common questions Need a different Rural loan? See our home page Why choose us? Learn more about us

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