MYFARM GROW

THE BEST WAY TO FEED THE GROWTH OF YOUR FARM

At MyFarm we know that expanding or developing a farm isn’t always easy. External factors such as high land values, interest rates and exchange rates mean even the best farmers reach a point where it isn’t wise to borrow more money.
There is an alternative to borrowing – to seek additional equity by bringing investors into your business. But the standard equity partnership approach, where two or more parties contribute capital to a farming business, doesn’t suit every farmer.
Our new product, MyFarm GROW is an equity finance solution tailored to your unique situation. GROW is for farmers who need more equity to expand and improve their farm but want to retain control of their business at the same time. MyFarm GROW recognises the hard yards you’ve already done to get to where you are and will reward you as you continue to build a better business.

MyFarm GROW is for farm owners who want to;

• Buy one or more neighbouring properties or support units.
• Convert their property’s land use.
• Develop and intensify their property.

The team at MyFarm GROW will provide you with:

• A comprehensive business plan and sufficient investor funds to ensure your financial security.
• A business structure and shareholder agreement that will retain your independence and  also meet the expectations of investors.
• A fair return for running the business through our range of performance-based management salary systems and/or sharemilking systems.
• The first right to buy shares should one of your fellow investors want to exit the business.
• The option to resume full ownership after an agreed investment period.

Only the best proposals will be accepted for MyFarm GROW: 

• We are looking for farmers who consistently perform in the top quartile for production and profitability.
• We will need to assess and obtain verification about your farming and business history.
• We are looking for quality growth opportunities. To generate rewards for our MyFarm™ investors we need quality farms in good locations.
• MyFarm™ staff will work to develop a business plan that adds value. We target productivity increases of 20-30% for changes in land use, through expansion or development and through intensification.
• We need to purchase property at a realistic price, determined by valuation, and with no significant limitations.

The MyFarm GROW process:

A MyFarm GROW agreement can take four to eight weeks to complete. Following your initial inquiry we will contact you to arrange a visit to discuss your requirements and how MyFarm GROW can work for you.

The initial steps with MyFarm GROW are free – our charges only start once you commission us to complete a formal business plan. When the new MyFarm GROW equity partnership Company has been successfully formed a success fee is payable by the Company and the business plan fee will be rebated.

Click here to enquire about MyFarm GROW