Livestock Financing
Financing to purchase livestock
At a glance
Eligible Funding
- No Condition
Timeline
- Open Date : November 14, 2019
Financing Type
Loans and Capital investments
Eligible Industries
- Agriculture, forestry, fishing and hunting
Grant Providers
- Farm Credit Canada
- Government of Canada
Status
Open
Overview
Get credit at a livestock alliance partner supplier to purchase cattle.
Eligibility criteria
The eligibility criteria for the FCC Livestock Financing program include:
1. Be a cattle producer in Canada.
2. Work with one of FCC's participating livestock partners.
3. Use the financing for purchasing feeder cattle or breeding livestock.
4. Meet the specified down payment requirements (minimum 10% for one year term, minimum 15% for 3-year term, and minimum 20% for 5-year term).
5. Adhere to the program's terms and conditions, including due dates for payments and sale of animals.
6. Follow the guidelines set by the specific livestock partner and FCC.
Make sure to contact FCC or a participating livestock partner for detailed information and to determine your eligibility for the grant.
Additional information
- Customized pre-approved lending limits
- Modest down payment options
- No prepayment penalties
- Competitive interest rates
- One-stop shopping for livestock purchases
- Program designed for cattle producers
- Different program options available
- Variable and fixed interest rate options
- Minimum deposit/down payment requirements
- Expertise in the livestock industry
- Special programs like the Heifer Replacement Program
Apply to this program