Figured_Oxbury logo

FARM PROGRESSION LOANS

Farm ownership shouldn't be out of reach for NZ's best dairy farmers.

Figured has launched secured lending for qualifying NZ dairy farmers — whole-of-farm financing at 65–80% LVR, with no upper limit on loan size. The first product of its kind built on farming data, not just farming assets.

FPL Header

LIVE WEBINAR

Farm Progression Loans: Product Overview and Q&A

Figured has launched secured lending for qualifying NZ dairy farmers — whole-of-farm financing at 65–80% LVR, with no upper limit on loan size. The first product of its kind built on farming data, not just farming assets.

Spend 30 minutes with Ty Phillips and the Figured lending team for a product overview, process walkthrough, and open Q&A — open to all Figured partners in NZ.

Tuesday 24th March, 11:00AM

THE CHALLENGE

NZ dairy farming is facing a $150 billion ownership transition.
The banking model hasn't changed since the 1980s.

Over the next decade, $150 billion of rural assets will change hands as one generation exits farm ownership and the next steps up. The farmers most capable of taking on that ownership, proven operators with strong cashflow and disciplined financial management, are routinely blocked.

Not because they can't service debt. Because the bank's model says they can't.

Traditional agricultural lending hasn't meaningfully evolved in decades. LVR is the primary gating mechanism. Cashflow is secondary. The result is a system that rewards those who already own assets, and keeps those who farm brilliantly but haven't accumulated equity waiting on the sidelines.

$150B

of NZ rural assets changing hands over the next decade.

The farmers best placed to take on that ownership are being assessed on the value of their assets — not the quality of their farming. That's the problem this product solves.

The reason this lending is possible is the Figured platform

Banks assess risk based on what a farmer owns. Figured assesses risk based on how well they farm — financial performance, forecasting discipline, engagement with their advisor, consistency across seasons. For the first time, NZ's best dairy farmers can access lending terms that reflect their actual capability, not just their balance sheet.

The forward-looking connection: The same approach that helps advisors navigate their clients' season ahead and stay on top of managing their finances, is what makes this lending possible. Looking forward and managing a plan regularly and over time, isn't just advisory best practice — it's now the foundation for accessing farm ownership.

FPL-1

screen-dollar-icon

Cashflow-driven, asset supported

The lending decision starts with verified financial performance data — multi-year history, real-time actuals, benchmarked against comparable farms across the Figured platform.

AU Crop guide icon-2

Figured knows who the best farmers are

The Figured Performance Index identifies high-performing farmers using platform data. Not just those with the largest asset bases — those who demonstrate the strongest financial management and farming discipline.

AU Crop guide icon-4

Part of the Platform you already use

Farm progression loans are built to sit within the Figured ecosystem — the same platform used for planning, reporting, benchmarking and lending. The data your clients generate every day is what makes this possible.

FOR ADVISORS AND ACCOUNTANTS

Why this is worth your time

What Figured contributes

  • Up to $5,000 toward the advisory work involved in getting a farmer through planning and the loan process to a drawn-down loan.

  • A free Figured Farm Manager subscription for the life of the loan

This is a contribution towards your invoiced professional time — covering the planning and advisory work you do with the farmer.

FPL-2
FPL-3

What this means for your practice

  • A new, substantive service offering for clients who are ready to move toward ownership

  • Your role is central — from identifying opportunities in your portfolio through to supporting ongoing reporting and monitoring

  • Deeper, longer-term client relationships built around major financial milestones

  • Access to a product that only exists because your clients are on Figured — a genuine differentiator for your practice

THE PRODUCT

The Farm Progression Loan - what's available now

screen-dollar-icon

First farm ownership

For contract milkers and sharemilkers ready to step up into ownership but who can't meet the 40–50% deposit main banks require.

AU Crop guide icon-2

Succession & consolidation

Buying out family members, releasing equity in succession deals, or taking full control of existing equity partnerships.

AU Crop guide icon-4

Expansion

Purchasing additional land or runoff blocks to improve farm efficiency and long-term performance.

65-80%

LVR available

No upper limit

on loan size

Oxbury Agricultural Finance

Lending partner

LIVE WEBINAR  |  Tue 24 March, 11AM

Farm Progression Loans: Product Overview and Q&A

30 minutes with Ty Phillips and the Figured lending team. Open to all Figured partners in NZ.


Have an immediate opportunity?
Flag it when you register.

FAQS

Everything you need to know

More questions? Reach Ty Phillips directly at ty@figured.com

Who is eligible for a farm progression loan?

Figured farmers with strong financial performance and consistent platform engagement — identified through the Figured Performance Index. The product is initially available to farmers working with engaged advisors, and is currently in an active validation phase.

What LVR is available?

65–80% LVR, depending on the borrower's profile and assessment. This is materially wider than the main banks currently offer for whole-of-farm financing in NZ.

Is there an upper limit on loan size?

No. Loan size is assessed on a case-by-case basis through the lending process.

What is the advisor's role, and is it compensated?

Advisors play a central role — from identifying opportunities through to ongoing reporting and monitoring. Figured contributes up to $5,000 toward the advisory work involved in planning and the succesful loan process. This is a contribution toward your invoiced professional time, not a referral fee or success payment.

Does the farmer need to be on Figured?

Yes. The lending is only available to Figured farmers. The platform data — financial performance, forecasting discipline, engagement history — is central to how risk is assessed and managed.

What stage is this product at?

We're in an active validation phase, working with a small group of partner firms to confirm the credit process end-to-end. Now is the time to identify opportunities in your portfolio.

Find out more about Figured's Farm Progression Loans

Join the upcoming webinar to find out everything you need to know, or get in touch with our team for a chat.

Join the live webinar Contact Us