Counting vouchers means a maximum number of vouchers equal to 25% of your minimum required shareholding for the 2015/16 season. The Loans are linked to production and will be made available on a farm by farm basis (and are not transferable between farms without our written consent).
The Loan will be advanced by monthly instalments paid at the same time as monthly milk payments, as follows:
The interest will be payable monthly, and may change from month to month to reflect Fonterra's cost of borrowing.
You may elect to repay all or part of the loan at any time.