I want to
Plan my succession
Transfer the business to the next generation
There’s a moment in every farmers career where the conversation shifts—from working the land to who will take it over. It’s not just about passing on assets; it’s about making sure the farm stays profitable, sustainable, and in the right shape for the next generation.
For some, the transition is clear. For others, it’s a slow process of working out finances, responsibilities, and what’s fair for everyone.
The challenge is balancing tradition with financial reality — giving the next generation the opportunity to take over without overloading them with debt.
And the next generation of a dairy business does not necessarily need to be a family member.
That’s where CowBank comes in.
We help structure livestock finance solutions that make succession smoother, ensuring the farm remains strong while giving the next generation a real stake in the business.
“How can we transfer herd ownership to the next generation?”
How CowBank Helps
CowBank helps families and businesses transition smoothly by financing livestock separately, so ownership can be transferred gradually without overloading the next generation with debt.
Instead of the requirement to buy out the herd upfront, the next generation can lease cows with a pathway to ownership. This keeps cash flow steady while building equity over time.
For farm owners, this means a structured transition that maintains business profitability while ensuring financial security.
CowBank provides flexible finance options that ensure the farm’s future remains in strong hands.
Reduces family conflict – Clear financial structures help avoid disputes over asset distribution.
Gradual transition – Livestock finance allows ownership to shift over time, reducing financial strain.
Separates livestock from land – Protects farm equity and makes succession planning more manageable.
Building a Future: Supporting the Next Generation of Dairy Farmers
“We work with families to structure herd ownership in a way that keeps the business strong, the transition smooth, and the farm’s future secure. It’s rewarding to see farmers use leasing as a stepping stone, giving the next generation the opportunity to build equity and confidence without the financial strain of an upfront herd purchase.”
-Rod Banks, CowBank
Frequently Asked Questions
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CowBank can move quickly compared to some traditional lenders. Some dairy farmers can receive approval within 1 week.
This varies depending on each individual situation. Once approved, the money can be available in 1-2 days.
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Exactly that - CowBank does not tie up your land, house or any other asset when you lease cows. The cows, themselves, are the security. You don’t even need to necessarily own land to lease cows through CowBank.
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CowBank trusts that each dairy farmer knows what type of cows work best in their business.
Many dairy farmers choose to source their own cows either through existing contacts or their trusted stock agent.
For others, CowBank has an extensive network of buyers and agents who work with farmers right across the country to secure the stock they need.
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CowBank has extensive experience dealing with livestock finance across a range of businesses. This is our bread and butter. This experience means we can provide the right advice and guide farmers to ensure their applications are thorough and accurate.
Practically, CowBank can speak to accountants on behalf of dairy farmers - with the farmers’ permission - to source the best information quickly.
CowBank can also leverage its network of experienced livestock buyers and agents to assist with searching for the best cows to purchase for each farmer.