Advanced Payment

The AWB Advanced Payment provides the majority of cash flow at harvest in the form of a payment, so you can make the most of your income.

Key Features

• Get the majority of your cash flow and taxable income during harvest, soon after delivery (up to 80% of Nominated EPR^#, less estimated costs, plus GST)
• A simple payment, not a loan
• Market leading simplicity and cash flow certainty
• Over the past two seasons, provision of Dynamic Top Ups** have given growers access to more funds earlier than ever before
• Less paperwork
• All payments made are underwritten, providing financial peace of mind (some exclusions apply)*

Treatment of GST

The AWB Advanced Payment option is payment for grain delivered and therefore may be subject to GST. Growers will incur any GST liability when they receive their payment.

For more information please your local regional office or the AWB Grower Service Centre on 1800 054 433.

For more information download the AWB Advanced Payment Fact Sheet (PDF 85 Kb)

Download 2007 AWB Harvest Finance & National Pool Terms and Conditions (PDF 255 Kb)

† You should seek independent financial, legal and taxation advice before you select an AWB Harvest Finance option. Please refer to the current AWB Harvest Finance National Pool Payment Options booklet for the full terms and conditions and for more information about these options. AWB Harvest Finance Limited ABN 28 102 469 303.

^#Nominated Estimated Pool Return (NEPR) is usually set in early November for all available AWB National Pool pay grades. The NEPR is the benchmark from which AWB Harvest Finance options are calculated. The NEPR applies to the following options: Harvest Loan; Flexible Drawdown Loan; and Advanced Payment.

*Underwriting does not apply if you are in default or where distributions are insufficient to pay out encumbrances or grower liabilities.

** Past performance is no guarantee for future return.

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