Province of BC Government Feeder Loan Guarantee program

North Peace Feeder Coop Application 2019

WHO IS ELIGIBLE?

All persons are eligible who are residents of BC, are at least 19 years of age and own/lease a farm in BC. Apply to your local association for a membership.

WHAT IS ELIGIBLE?

• Feeder Cattle (heifers/steers) bought through an auction market or private sale
• You may also apply for a loan on your own feeder cattle/calves
• Up to 100% financing available
• Loans cannot be made for feed or facilities

LOAN LIMITS

• Year 1 – $50,000.00
• Year 2 – $75,000.00
• Year 3 – $150,000.00
• Year 4+ – $300,000.00

(loan limits are subject to approval by the Association’s Board of Directors)

• A 5% deposit is required for all loans
• Loans are a maximum of 12 months
• All cattle must be branded with the associations brand

MEMBERSHIP ADVANTAGES

• The interest rate is competitive or better than on an individual basis
• Livestock Mortality Insurance
• The association is controlled by its members