MYFARM START

YOUR FIRST STEP TOWARDS YOUR OWN FARM

At MyFarm we believe farming is much more than a career, it’s about owning land,but in recent years high land values have made the traditional pathways to farm ownership, such as sharemilking or leasing land, even more difficult.

MyFarm START is a tailored equity finance package for successful young farmers looking for the next step in their career. MyFarm START gives farmers with $200,000 to $750,000 of equity the opportunity to manage and invest in a quality farm business.
MyFarm START means greater financial security for young farmers and their families and is an opportunity to grow a great business!

MyFarm START creates opportunities for young farmers who want;

• Increasing equity
• Income that reflects their effort and skill
• Stimulation
• Financial Security

The team at MyFarm START will provide you with:

• An equity partnership on a quality farm in a good location and with clear and achievable business plans and budgets that show cash surpluses.
• Competitive remuneration that recognises and rewards performance.
• Investment returns through dividends payable in proportion to shareholding.
• The opportunity to increase your investment by co-borrowing against the farm.
• The potential, after three years, to buy a specified number of additional shares at the initial share price (when unanimously agreed upon by shareholders.)
• A management or sharemilking term that matches your investment period.

MyFarm START is a select product and only the best applicants will qualify. Young farmers who qualify will be selected as a result of an interview process. They will need:

• A minimum $200,000 equity
• A current curriculum vitae with at least three referees relevant to the industry.
• Exemption in terms of the Securities Act 1978 (determined by an applicant’s experience or the size of their investment)

We have developed MyFarm START in response to key market factors in New Zealand agriculture:

• Property values have put land ownership further out of the reach of young farmers.
• The average age of farmers is now in the late 50’s. This means a large proportion of current farmers are seeking to free up capital and source new management.

At MyFarm we are farmers ourselves so we know how important it is when you’re buying your first farm not to settle for second best. MyFarm START sets you up on a quality property with like-minded investors so that you can achieve your ultimate goals.

Whilst MyFarm solutions follow standard equity partnership structures, each product is specifically designed to meet individual’s needs. For more information about we can help you get the best from farming please call us on 0800MYFARM (693276) or contact us.