0
Skip to content
Exit

Sunshine Farms

Georgie Li is a grain farmer and is looking to purchase additional silos to store grain from this year’s harvest until it is sold. She also wants to diversify her operations by farming cattle and needs funds to purchase and maintain livestock.

Georgie needs additional funds to pay for both the cattle and the silos and is looking for a cash-flow solution that will take the seasonality of her business into account.

Based on your understanding of Georgie’s needs, which product would you recommend?

If you need a hint click on each icon. Then select the most appropriate option and click ‘Submit’.

farmer

Product

dialog start

Consider a medium to long term revolving facility that offers the client flexibility and allows the business to use the facility for expansion/investment purposes.

Click 'X' to return to the main screen.
dialog end

Pricing

dialog start

Pricing for a revolving facility requires a client to pay the following:

  • an establishment fee to set up the account,
  • an interest rate based on our cost of funds, and
  • a line fee on the overall limit which ensures they can have access to their money 24/7 and also covers things such as capital charges and operating costs.
Click 'X' to return to the main screen.
dialog end

Process

dialog start

Given the client requires a new product, a full CCL application must be completed in this scenario.

Click 'X' to return to the main screen.
dialog end