With the rising costs of cattle and sheep, along with the expenses of growing and finishing your livestock, securing capital can be challenging. The Feeder Loan Guarantee Program offers a solution by providing easy access to low-interest, leveraged financing backed by a government guarantee. You can access financing of 100% of the value of the cattle (less the 5% pooled security deposit).
Local Feeder Associations (LFA) make their own financial arrangements with their lender regarding interest rates and total loan limits. The government guarantee is commonly 15% of the total amount of financing available to the local association.
Why Choose the Feeder Loan Guarantee Program?
The Feeder Loan Guarantee Program provides competitive interest rates for financing cattle and sheep for growing and finishing purposes. With this program, you can receive 100% financing of the value of your livestock (minus a 5% pooled security deposit).
Since 1936, the trusted program has provided guarantees for $12.4 billion in private financing for feeder association members in Alberta.
Program Benefits
100% Financing
(covers trucking, branding, WLPIP, LIT, and other associated costs)
5% (pooled)
security deposit
Easy application process is streamlined to save you time
Indemnity Program is available to all associations and offers added security for your livestock investments
Competitive interest rates and loan limits set by local associations and their lenders
Who Can Benefit From FALGP?
The Feeder Loan Guarantee Program is ideal for both established farmers and new entrants to the livestock industry. The program ensures that all members can access the capital needed to grow their operations.
