AWN and StockCo announce stock finance partnership

Sheep Central, October 31, 2017

AWN chief operating officer Rick Maybury

AUSTRALIA’S largest independent wool broker Australian Wool Network and leading independent livestock funder StockCo have announced a stock financing partnership.

Livestock finance provider StockCo and the Australian Wool Network have announced a partnership that will see StockCo’s livestock finance offered through AWN’s Australia-wide wool broking network.

StockCo has offered tailored livestock financing products for the purchase of sheep and cattle for backgrounding, finishing or trading purposes in Australia and New Zealand since 1995. It is the largest independent specialist livestock funder operating in Australia.

AWN’s chief operating officer Rick Maybury said StockCo was a genuine customer-focused model that delivered livestock finance specifically tailored for farmers.

“We were attracted to the flexibility that StockCo’s livestock funding facilities can provide our clients, especially those in need of seasonal funding support to help grow their livestock operation,” he said.

Australian Wool Network is Australia’s largest independent wool broker with specialist wool buying activities in NSW, Victoria, Tasmania and South Australia, marketing 275,000 bales of wool across Australia 8000 wool growers each year. It is the only wool marketing company with its own Australian-based wool manufacturing facility and a dedicated retail presence to market its client’s wool directly to consumers.

Source: StockCo/AWN


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