Closed
Source verified August 6, 2026
Feeder Cattle Loan Guarantee Program
Financing support for feeder cattle producers
Funding available
$ 500,000
Deadline
Closed
Location
Ontario, Canada
Overview
The Ontario Feeder Cattle Loan Guarantee Program supports beef cattle farmers in Ontario through cooperative financing backed by government guarantees, and qualifying members can borrow up to $500,000. Eligible uses include purchasing feeder cattle and paying related ancillary fees such as trucking, commission, processing, related product costs, and interest charged by the agent.
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At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 500,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- Financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Producing Cattle by further feeding or raising cattle, or finishing cattle for slaughter
- Purchasing cattle through a Purchase Order
- Custom feeding cattle under a Custom Feeding Agreement
Documents Needed
- A copy of incorporation
- A list of shareholders
- A resolution from the corporation board to participate in the Program
- The legal name of corporation
- The Business Identification Number
Official resources
Eligibility
Who is eligible?
- Lenders approved in writing by the Minister
- Co-operatives incorporated pursuant to the Co-operative Corporations Act for the sole purpose of financing the production of Cattle
- Individuals who are Members of a Co-operative and are in the business of Producing Cattle
- Corporations may participate as Members at the Co-operative's sole and absolute discretion
- Persons eligible to be Custom Feeders
Who is not eligible
- Any Co-operative or Member that willfully provides or has provided false or misleading information under the Program is prohibited from participating in the Program for a minimum of five (5) years.
Eligible expenses
- Purchase of feeder cattle
- Related ancillary costs or expenses incurred at the time the cattle are purchased, including trucking, commission, processing, related product costs, and any interest charged applied by the agent
Ineligible Costs and Activities
- Loan funds may not be used for any purpose other than establishing purchase orders.
- Funds from a purchase order may not be used for any purpose other than buying cattle for the cooperative.
- The cooperative’s insurance account funds may not be used to finance general operations.
Eligible geographic areas
- Ontario
Selection criteria
- Members requesting a Purchase Order or combination of Purchase Orders with a total value of $500,000 or less are given priority over Members requesting more than $500,000.
How to apply
- To inquire about specific details or make an application for membership, contact the Administrator of your local Co-operative.
Processing and Agreement
- The Minister must approve in writing an entity before any Loans that entity issues will be eligible to be covered by the Guarantee.
- Each Co-operative participating in the Program shall provide the Minister with an annual report by February 15th and any other reports the Minister may request.
- Program related records and agreements are to be retained by their respective party for a period of at least seven (7) years from the date in which the Loan was issued.
- If the Minister receives a claim request for a Guarantee, the Minister will send notice within sixty (60) days stating payment or the reasons for denying the claim.
- Where a Co-operative defaults, the Co-operative will be immediately ineligible to participate in the Program and the Lender will stop providing any further funds to the Co-operative.
Additional information
- The Minister is responsible for all aspects of the administration and delivery of the Program and is authorized on behalf of the Crown to enter a Guarantee Agreement if the Minister deems it appropriate to do so.
- Any Program Guidelines for the Program will be posted on the Ministry's website.
- When Program Guidelines are amended, the amendments will not have any retroactive effect.
Contacts
Frequently Asked Questions about the Feeder Cattle Loan Guarantee Program Program
What is the Feeder Cattle Loan Guarantee Program?
The Ontario Feeder Cattle Loan Guarantee Program supports beef cattle farmers in Ontario through cooperative financing backed by government guarantees, and qualifying members can borrow up to $500,000. Eligible uses include purchasing feeder cattle and paying related ancillary fees such as trucking, commission, processing, related product costs, and interest charged by the agent.
How much funding can be received?
Feeder Cattle Loan Guarantee Program Funds up to $500,000 of admissible expenses.
Who is eligible for the Feeder Cattle Loan Guarantee Program program?
To be eligible for the Feeder Cattle Loan Guarantee Program program, you must:
The co-operative must be incorporated pursuant to the Co-operative Corporations Act for the sole purpose of financing the production of Cattle.
The co-operative must have at least three directors and at least twenty Members, including at least three Members with active Purchase Orders.
Producer members must be Members of one Co-operative at a time and own or rent farmland in Ontario or have a Custom Feeding Agreement whereby the person producing Cattle owns or rents farmland in Ontario.
What expenses are eligible under Feeder Cattle Loan Guarantee Program?
Producing Cattle by further feeding or raising cattle, or finishing cattle for slaughter
Purchasing cattle through a Purchase Order
Custom feeding cattle under a Custom Feeding Agreement
Who can I contact for more information about the Feeder Cattle Loan Guarantee Program?
You can contact Government of Ontario or by phone at 1 866 370-2333.
Where is the Feeder Cattle Loan Guarantee Program available?
The Feeder Cattle Loan Guarantee Program program is available the province of Ontario.
Is the Feeder Cattle Loan Guarantee Program a grant, loan, or tax credit?
Feeder Cattle Loan Guarantee Program is a Loans and Capital investments