Agribusiness loans...
At MCMF, we provide loan products to support acquisition of agricultural, rural or primary production land, with the Income to service the loan being derived primarily from agricultural or primary production sources.
We’re deeply invested in the future of our State, and we've played a crucial role in funding numerous projects that have helped to strengthen our economy and community.
Speak to us to discuss your next agribusiness project.
The essential details
Security
Loans are secured by first mortgage up to 60% value of security property.
Establishment fees
We charge 0.30% of the loan amount as an establishment fee, with a minimum fee of $1,000. If our committee determines that a loan is highly complex, we may charge a higher establishment fee.
All establishment fees are GST inclusive.
No recurring service or account fees. If the loan is refinanced within the first 6 months a 2% early repayment fee of the loan limit will apply. If the loan is refinanced within 6-12 months a 1% early repayment fee of the loan limit will apply.
Valuation fees are paid by the client.
Additional fees
No recurring service or account fees. If the loan is refinanced within the first 6 months a 2% early repayment fee of the loan limit will apply. If the loan is refinanced within 6-12 months a 1% early repayment fee of the loan limit will apply.
Valuation fees are paid by the client.
Loan approval
The Murdoch Clarke Mortgage Fund Management Committee makes all loan application decisions based on established lending criteria.
I’m ready to apply for my MCMF loan
Make sure that you’re fully informed by reading the following:
TMD: Agribusiness loans | MCMF Credit Guide
Once you’ve read our TMD and Credit Guide – these links will provide the majority of information that you need for your application and should additional information be required during the process we will contact you.