BC Feeder Associations Loan Guarantee Program

By mmuise
Description:

BC Feeder Associations Loan Guarantee Program was introduced to help BC beef and sheep producers add more value to their livestock operations by helping them raise their calves or lambs to heavier weights before selling. The program increases the availability of livestock feeding credit through encouraging the formation of farmer owned cooperatives, called Feeder Associations. These Associations borrow money from banks or credit unions and purchase cattle or sheep for grassing, or feeding out, on members' farm or feedlot. The province provides a loan guarantee to the Association's lender.


Comments on Funding:

Up to 100% financing available

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be BC residents 19 or older;
  • own/lease a farm in BC
  • bred cattle (up to 3rd calvers) bought through an auction market or private sale.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

You my also apply for a loan on your own bred heifers/cows (up to 3rd calvers)
Loans cannot be made for feed or facilities

About the author
mmuise