Commercial Cattle Feedlot

Product Overview

 

  • Commercial Feedlot operating line for: accounts receivable, carried feed bills, resale cattle, feed inventories, customer financed cattle and customer hedging costs
  • Operating loan for owned cattle for: cattle, feed, grain, animal health, hedging costs
  • Competitive variable interest rate
  • Equity requirement
    • $150-$200 per head
  • $350,000 operating line minimum 

Program Criteria

 

  • Submit periodic financial statements
  • Submit periodic production and inventory records
  • Maintain minimum equity requirements
  • Cattle marketing plan
  • Feed sourcing & pricing plan
  • Meet underwriting criteria
Interest Rates
Month VMI
November, 2017 4.05%
May, 2017 4.60%
April, 2017 4.55%
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Application
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