FCC 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.
Offered by Farm Credit Canada (FCC)
Amount
Livestock financing with customized pre-approved lending limits: Feeder (steers and heifers) - revolving, one-year term, minimum 10% deposit/down payment; Breeder (heifers, cows and bulls) - non-revolving, 3- or 5-year term, minimum 15% (3-year term) or 20% (5-year term) deposit/down payment
Quick eligibility check
Who can apply
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.
About the funding
- 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
Show all funding details
Realize your equity faster through proportionate payments
Program options
Purpose; Feeder: Steers and heifers; Breeder: Heifers, cows and bulls
Term; Feeder: One year (renewed annually); Breeder: 3 years (older cows) or 5 years (young cows/heifers)
Product type; Feeder: Revolving; Breeder: Non-revolving
Interest type; Feeder: Variable options available; Breeder: Variable and fixed options available
Due date; Feeder: Upon sale of animals or within 365 days; Breeder: Annual payments (June or December)
Deposit/down payment; Feeder: Minimum 10%; Breeder: Minimum 15% (3-year term) Minimum 20% (5-year term)
Purchase and finance livestock at the same place
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Advance Payments Program | Loan Guarantee, Loan | Up to $1,000,000 | Open |
| BDC Commercial real estate loan | Loan | Typically starts at $100,000 and can go up to several million dollars | Open |
| BDC Growth & Transition Capital: Creation and culture | Loan | Loans of more than $350,000 (loans of $350,000 or less go through the Small Business Loan), with a higher percentage of financing, longer repayment periods and payments matched to your cash flow, plus consulting services | Open |
| BDC Growth & Transition Capital: Working Capital | Loan, Investment | Financing from $250,000 to $35M, repayable over 2 to 8 years | Open |
