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A new breed of financier sets out to enhance the profits of paddocks

Sponsored Content, August 1, 2022

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THE livestock industry is amongst the most critical economic pillars of Australia. Worth nearly $35 billion to the economy, it continues to strive and survive, even in the face of unique and tough challenges.

It’s also an industry in which the earning opportunities require a more specialised breed of financier – one that can apply a deep understanding of life on the land to better meet the individual needs of progressive producers.

It is for this reason that a collective of industry experts have launched a new lending solution:  Legacy Livestock.

According to Legacy Livestock Chief Executive Officer and Managing Director, Richard Brimblecombe, the company responds to the disparity between the unique needs of the livestock industry, and traditional lender structures.

He said: “The stark reality for many progressive producers is that they aren’t able to maximise the profit of their paddock, simply because they are unable to obtain the right finance.”

All that changes with Legacy Livestock. Underpinned by unrivalled agri-finance expertise, Legacy Livestock can be more flexible and tailored in lending solutions allowing producers to tap into the full potential of their paddock, resulting in profit gains.

With lending facilities from $250,000 and above, Legacy Livestock will fund 100 percent of cattle and/or sheep purchases without requiring a mortgage over real estate assets.

Mr Brimblecombe said in the end, it was quite a simple proposition.

“Working directly with a regional manager who knows the industry, Legacy Livestock can provide 100pc of the purchase price of additional sheep and cattle stock to help maximise the growth opportunities.”

“The livestock remains the property of the producer, and security is held via a registration on the Personal Property Security Register (PPSR) rather than requiring a mortgage over any real estate assets,” he said.

Livestock producer scenario

To put that into context, take the scenario of a cattle producer with an untapped earnings potential of around $250,000.

With Legacy Livestock, that producer may be eligible to borrow the upfront capital required to purchase additional cattle at $5.60/kg ($1,564/head), with a trade tenor of 210 days and an average daily weight gain of 0.6kg/day. They can later sell the cattle for a profitable price, at 406kg for $5.00/kg ($2030 per head).

The team understands the ins-and-outs of livestock trade, the external and internal factors that can impact on profitability, purchase and sale pricing so that ultimately, we can provide customised solutions to suit

“Adding up the nuances that allow confidence in the return on these loans is what makes Legacy Livestock unique,” Mr Brimblecombe said.

“The team understands the ins-and-outs of livestock trade, the external and internal factors that can impact on profitability, purchase and sale pricing so that ultimately, we can provide customised solutions to suit.”

“We will take the time to visit your property, and work with you on unlocking your full stocking capacity because at the end of the day, it’s about healthy profits come sale time, which is why we don’t require payment until the agreed sale date.”

Legacy Livestock is spearheaded by a collective of industry stalwarts including Managing Director and CEO Richard Brimblecombe, Chief Financial and Risk Officer Sophia Benedetti, Senior Business Analyst Abbey Britt-Keen and Head of Credit Andrew Moyes. The company is also set to announce a suite of additional regional appointments in coming weeks.


Contact us

The Legacy Livestock website, legacylivestock.com.au, includes a rates calculator to help producers understand the profit opportunities of their growth ambitions. Mr Brimblecombe encouraged producers looking to explore their lending options to explore the website, or pick up the phone and call 1300 965 683.









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