1 Year Cow Program - More
Individual Application Form
Business/Partnership Application Form
This program works extremely well for financing bred heifers.
- After the culling process is completed, the remaining cows may be financed on a 5 Year term loan, with the payments matching the productive cows remaining.
- Variable interest rate is as low as Prime + 1%.
- 15% security deposit (Your deposit is not “pooled” and earns interest)
- If you are purchasing cow/calf pairs, calves may be placed on a feeder loan. Please discuss this with your market representative for more information.
- All CFC cows and offspring purchased - prior to leaving the
approved market - and the offspring (of purchased bred cows)
- prior to being turned out to pasture - are to be branded with a registered
CFC Finance brand.
(There are no exceptions to branding.) - When selling, CFC cattle are to be manifested:
Cattlemens Financial Corp account of “Customers name”. - Loan is due and payable upon the sale of the cows (or offspring) or 365 days whichever comes first.
- Producers can utilize the Feeder Program to make their payment, if retaining their calves.
- Cattle (and offspring) financed under this program are required to be sold through a CFC Approved Market. If sold elsewhere, a charge of $20.00/head will be deducted from the sale proceeds or your security deposit account.
Fee Structure
- Administration fee of $15.00 per head.
- Minimum Administration Fee $1,000.
- $5.00 per head Market Rep fee.
- Mortality insurance is available through Canadian Farm Insurance.