Phone: 780-448-0033, Fax: 780-448-0267, Suite 200, 101 Riel Drive, St. Albert, AB, T8N 3X4

Feeder Program - More

Individual Application Form
Business/Partnership Application Form

This program is designed to finance cattle purchased from an approved auction market .
NOTE: Home raised calves can still be financed through this program.

  • Feeder cattle are financed at 100% of market value (including all expenses on the market invoice).
  • Variable interest rate is Prime + ½%. Fixed rates are available.
  • 10% security deposit required (Your deposit is not “pooled” and earns interest)
  • Cattle can be tracked on a pen by pen basis, allowing for proceeds(profits) to be returned upon the sale of livestock from each pen separately. Just let us know when you start a new pen so that invoices can be processed correctly
  • All purchased CFC cattle are to be branded at the Livestock Market with an approved CFC brand.
    (There are no exceptions to branding!)
  • When selling, CFC cattle are to be manifested:
    Cattlemens Financial Corp account of “Customers name”.
  • Feeder loans are due when the cattle are sold or 365 days from the date of purchase or whichever comes first.
  • Prior to marketing cattle financed under this program, an approved market is required to bid on the livestock. If this bid is not requested (does not have to be accepted), a charge of $20.00 per head will be deducted from the sale proceeds or your security deposit.
  • A feed advance (equity draw) may be available. Contact CFC for details.
  • NOTE: Calves under 350 lbs. require a 15% deposit.

Fee Structure

  • Administrative fee of 1% on disbursed amounts of $300,000.00 and less, and $5.00 per head on amounts over $300,000.00
  • $2.50 per head Market Rep fee
  • Mortality Insurance is available through Canadian Farm Insurance.

All limits and rates are subject to change.