Hobby Farm Loans
If you’re looking for a taste of the countryside, you’ll find hobby farm loans are all you need to get started. Many dream about living comfortably with few hectares of land and farm animals to raise, but never achieve it. We’re here to help make that dream come true.
Comparing leading banks & private lenders
Ready to raise your own cattle and have fresh, homegrown produce?
Living in the country is a dream for many Australians. While some prefer busy cities and coastal towns, others prefer to live somewhere quieter with greener pastures, farm animals to raise, and fresh produce at their fingertips. If that sounds like you, we can help you reach the next step in your journey.
Flexible hobby farm loans for the new life ahead.
One of the pleasures of living on a hobby farm is enjoying daily farming tasks. Some raise livestock, such as pigs and chickens, whereas others grow crops and fresh produce. But it’s not always smooth sailing when you’re getting started; some lenders are cautious regarding your intentions with hobby farms. We’ll help you navigate between different hobby farm loan lenders and choose the right option.
Learn how others ventured to the countryside in pursuit of a better life.
Things to consider with hobby farm financing.
- Checking if you qualify.
There are many nuances between hobby farms and commercial farms for profit. Depending on your intentions, you may not qualify for a hobby farm loan. If you’re unsure, call us, and we’ll see whether you can qualify for a farm loan.
- Finding good lenders.
Hobby farm loans only cover the value of the rural land. That means that it won’t cover things like farm equipment or other agribusiness-related products. But there are many lenders willing to give you a shot. The hard part is finding them.
- Submitting applications.
Before you put together an application, it’s essential to check the hobby farm lending criteria. Having this information will make your conversations with lenders easier. Aglend streamlines this process, completely done for you.
What is the lending criteria for a hobby farm loan?
Most lenders that help with hobby farm financing will only grant you a loan if you fit the following criteria. Although these criteria can feel overwhelming and complicated, Aglend can save you time and effort by speeding up the hobby farm loans application process so that it’s mostly stress-free.
- You are located within their preferred postcode and the land is classified as either rural, rural residential, residential, or flexible (this varies by state).
- The land must have basic access to roads, power, water, and sanitation/sewage connections.
- You need to verify your income, credit score, provide collateral to support the loan, and decide whether you need to provide a guarantor.
Frequently asked questions.
Can you help first-time farmers?
If you’re starting out, it’s challenging to know what kind of loans are available for beginning farmers in Australia. Aglend helps provide farm loans for every stage in your journey, whether for hobby farms or commercial farms looking to expand using agribusiness solutions.
The banks denied my agribusiness loan request, how can you help?
We help by sourcing you the best agribusiness loans within our private network. This includes over 30-years of industry contacts, including banks, private funds, private lenders, and property investors.
Do you only use major banks?
We source agribusiness loans from our vast network of competitive lenders, such as regional banks, private lenders and firms.
Need help? We’re here for you.
Get assistance from our friendly Agri broker team to help you explore various hobby farm lenders. Reach out to us by phone or by filling in our web form, and we’ll get back to you via email.
