Prepayment Program


Prepay your purchases and be rewarded.

To help manage your cashflow, our Rural Products Prepayment Program allows you to prepay your rural products purchases. You'll receive a reward of 5.0% per annum on the unused amount of the prepayment, calculated daily and paid monthly. You could even be eligible for tax deductions in this financial year*.

Features and benefits

Make the most of a good season

Take advantage of a positive cashflow. Earn a reward on funds prepaid before 30 June 2024.

5% p.a. reward

Earn a reward of 5 per cent per annum on the unused amount of the prepayment (calculated daily, paid monthly).

Great range of products

Use the funds to purchase from our range of rural products.

Tax deductions*

Prepayments may be eligible for tax deductions in this financial year*.

Sign up today

Complete the application form and take it in to your local branch. We will do the rest!

Please note that you’ll need a minimum prepayment of $10,000. Don’t worry, you don’t have to decide straight away what you’ll use the funds for. 

Farm Supplies Product Range

Use the prepaid funds to purchase from our great range of farm supplies.

Need to know more?

If you have any questions simply complete this enquiry form and one of our Agri Finance Managers will get back to you. 


Things you should know

  • No fees are charged on this account.
  • Once a deposit has been made in this account, it cannot be withdrawn under any circumstances.
  • The reward amount is applied to the account each month. It is not interest and cannot be paid out as funds.
  • The reward amount must be used to purchase Elders rural products. Please note: funds cannot be used for the purchase of fertiliser in Western Australia.
  • If the amount deposited is not used within the determined time, you'll lose the reward amount.
  • A tax invoice will be issued to you upon receipt of the prepayment deposit.
  • *Elders has obtained a ruling from the ATO that the prepayment is tax deductible in the year that it was paid under certain conditions. This material has been prepared for informational purposes only, and you should consult your own tax, legal and accounting advisers before engaging in any transaction. You should obtain tax advice before claiming a tax deduction. 
  • We recommend you seek your own independent financial advice.
  • Be sure to download and read the full terms and conditions.

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