1. Beef producer applies to the Co-operative's Board of Directors for membership. 
2. After becoming a member, applies for a purchase order for the amount of anticipated feeder cattle purchase, maximum loan of $250,000, a member can split loan to cover up to 4 groups of cattle. 
3. Once member receives purchase order, feeder cattle may be purchased.  
4. The Co-operative facilitates the payment for the cattle.

WHAT THE CO-OPERATIVE DOES FOR YOU:

• attractive interest rate
• no payments until cattle are sold (maximum 1 year).
• financing up to 100%.
• loans may be obtained for home-produced calves, or for purchased feeder cattle.
• limited financial information required for application.
• lending is based on producer’s integrity and ability to feed cattle.
• co-operative supplies ID ear tags (not CCIA), handles all paperwork for loan, administers all correspondence with the lender, and insures the cattle.

 COSTS TO MEMBER:

Each co-op charges an  annual membership fee, some costs associated with cattle purchase can be included in loan. SECURITY DEPOSIT REQUIRED, refundable 90 days after loan is paid. For broader information on the program, contact provincial coordinator, Cheryl Russwurm, at crfeederfin@wightman.ca   or by calling 519-367-5590.
To send an email to Administrators, click on the name.