Herd Leasing - Pricing
The cost of CowBank herd leasing varies depending on the size and term of the contract. The cost is fixed for the term of the contract, typically equating to ~15-20% of income per cow, making it an affordable and profitable way to fund the cows that you need.
Being an operating lease, the monthly rentals are deductible business expenses, which helps make CowBank very cost effective compared to traditional livestock mortgages.The herd lease contracts are typically completed with a 20% residual sale value at the end of a five year contract.
Contact the team at CowBank to obtain costing for your specific herd requirements and discuss the details of how it could work for you.