top of page
IMG_0721_edited_edited.jpg

FINANCING

Board must approve the member limit prior to purchase cattle or lambs. Approval is required for each new loan​

​

You can apply extra payments or pay out at any time before the due date.  All payments are applied to principal only - interest is applied when the loan pays out. All Rates and Limits are subject to change without notice 

MEMBER LIMITS

Individual Members                                $3,000,000.00
Joint, Partnership, Corporations               $3,000,000.00   

100% financing on purchases up to the maximum per head limits at the time of financing. Refer to Current Rate Sheet for the current limits, fees & interest rates.

LOAN TERMS & FEES

Screenshot 2025-10-17 095134.png

EQUITY DRAWS

Members can get an advance on the equity in their cattle, without having to sell any.  

  •  All cattle must be on feed minimum of 30 days, a representative sample is weighed, and current CANFAX price is used.  

  • The Current Value (current weight x Canfax Price), less Cost (Purchase Cost + Accrued Interest) = Equity.  

  • Get up to 50% of the equity in the cattle to assist with your cash flow.  The Equity Draw will get added to your existing loan.

  • Any additional Security Deposit required because of the increase in your loan, will be deducted from the proceeds of the draw.  

  • Equity draws are also available on contracted cattle - call the office for details.

PARTIAL PAYMENTS ON SALES

​The cost plus accrued interest go against the loan (for the # of head sold), and the balance of proceeds are split 20% also to the loan and the balance of 80% can be paid to the members.  This increases the cash flow for the member.

Members can get up to 80% of proceeds over the cost of the cattle when they sell partial groups.

bottom of page