Livestock
FCC and our participating livestock partners across Canada provide flexible and convenient financing tailored to the needs of feeder cattle and breeding livestock producers.
Financing livestock through a participating livestock partner gives you the convenience of one-stop shopping for your livestock purchases and a program designed for cattle producers, by cattle producers.
Features
Customized pre-approved lending limits
Modest down payment, or pooled or non-pooled security deposit accounts (depending on your livestock alliance partner)
No prepayment penalties
Competitive rates
Benefits
Work with experts who know the industry
Unique products built for cattle producers
Purchase and finance livestock at the same place
Realize your equity faster through proportionate payments
Program options
| Feeder | Breeder | |
|---|---|---|
| Purpose | Steers and heifers | Heifers, cows and bulls |
| Term | One year (renewed annually) | 3 years (older cows) or 5 years (young cows/heifers) |
| Product type | Revolving | Non-revolving |
| Interest type | Variable options available | Variable and fixed options available |
| Due date | Upon sale of animals or within 365 days | Annual payments (June or December) |
| Deposit/down payment | Minimum 10% | Minimum 15% (3-year term) Minimum 20% (5-year term) |
Work with one of our livestock partners to get started. Find a livestock partner near you.
Ask how our Heifer Replacement Program can help you manage herd stability and growth.