AFSC has lending options for cattle producers

Sep 01, 2022

Alberta’s cattle producers have faced several challenges in recent years, including last year’s dry conditions, which resulted in scarce pasture and winter feed.

Agriculture Financial Services Corporation (AFSC) is ready to help producers access capital to purchase feed, gain access to water, or buy breeding females to rebuild their herd.

“We’ve made some interim changes to our loan processes to ensure Alberta’s cattle producers have access to the capital they need to maintain their herds and operations,” said Jason Turner, Lending manager.

“These changes include quick processing of loans up to $200,000, interest-only payments for up to 24 months, up to 60 month loan amortization, and flexible collateral considerations.”

Cattle producers may be able to use unencumbered breeding females and/or mortgage on their land or other acceptable security to secure their loans.

AFSC can also help existing lending clients through interest-only payments, payment deferrals, and the reamortization of existing loans.

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

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