KerrindaleLarkin family group
CL Cameron Larkin

Larkin family group

Nine entities · four lenders · $6.8m placed · with Kerrindale since 2012

Header finance
3 days behind
Harvest starts 12 October
We need from you
2 things
Both with your accountant
Next facility review
17 November
Seasonal overdraft
Two things are holding up the header, and both sit with Hollis & Reid. We asked them for the FY26 financials for Larkin Pastoral Co and the Family Trust on 4 August and have chased three times. Without those we cannot submit to the lender, and the dates behind harvest do not move.
Working backwards from 12 October, we need to be with the lender by 2 September. That is nine days away. A call from you to Greg at Hollis & Reid will move it faster than another email from us.

The header, and why the dates are what they are

Every date below is worked backwards from harvest

Tight but doable
STEP 1
You told us what you needed
11 August
STEP 2
We put your position together
Waiting on financials
STEP 3
To the lender
By 2 September
STEP 4
Approved and settled
By 30 September
STEP 5
Machine on the farm
7 October

What we have arranged

ItemDetailAmount
New headerClass 9, 12.2m front$1,340,000
Your trade-in2018 machine−$310,000
Amount financed60 months$1,180,000
RepaymentsAnnual, after harvest$214,800
BalloonOctober 2031$354,000
Annual repayments after harvest, not monthly. Two lenders on our panel will do that and most will not.
Nothing new to sign. We have structured this against the airseeder and the sheds, both of which are unencumbered. No new mortgage over a title, and no new guarantee from Cameron.

Everything the group has

Five facilities, four lenders, and when each one comes up

FacilityEntityLimitDrawnNext dateStatus
Term loanFamily Trust$2,400,000$1,800,000Mar 2027Fine
Seasonal overdraftPastoral Co$1,800,000$1,240,00017 Nov 2026Review
Equipment ×3Pastoral Co$2,140,000$1,410,000VariousFine
Livestock facilityLarkin Grazing$900,000$610,000Feb 2027Fine
SMSF loanSuper Fund$620,000$500,000Jun 2028Fine
The overdraft review in November will be assessed on the same FY26 financials the header is waiting for. Getting them now solves both.

Send us something

Goes straight to Angus and Priya

Drop a file here

Statements, invoices, anything

Your broker

AM
Angus McPhee
Your broker since 2019
Mobile0427 496 118
OfficeGriffith
Client since2012

What we hold for you

Across all nine entities — you can download any of it

DocumentEntityAs atStatus
FY26 financial statementsLarkin Pastoral Co—With your accountant
FY26 financial statementsLarkin Family Trust—With your accountant
FY25 financial statementsAll entitiesJun 2025
Livestock count & valuationLarkin GrazingAug 2026
Water entitlement statementMarrawee Water HoldingsJul 2025
Title searches ×4Trust & Super FundAug 2026
Machinery scheduleGroupAug 2026
Related party leaseSuper Fund → PastoralJul 2023
The lease between the Super Fund and Pastoral Co is three years old. Worth a look with your accountant when they have a moment — better now than during a review.