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What are colt instalment payments and why?

colt instalment PAYMENTS
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What are colt instalment payments and why?

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These are three payments made up to the age of 36 months (3 years of age) with the 1st payment at 12 months then 2nd payment at 24 months 2 years old) and third and final payment at 36 months (3 years old) The break up of this into instalment payments is to spread the full cost of the overall stallion payments and to allow breeders time to decide if the colt is developing into being stallion quality.

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