Loan Guarantee Programs for Farmers
Feeder Cattle Loan Guarantee Program
The Feeder Cattle Loan Guarantee Program (FCLGP) supports beef cattle farmers by facilitating access to competitive, short-term, low-interest borrowing through Feeder Cattle Co-operatives. These Feeder Cattle Co-operatives are located throughout the province; where qualifying members can borrow up to $500,000 for the purpose of obtaining feeder cattle.
The Ministry allocates portions of the available government loan guarantee to individual Co-operatives as needed. The following chart shows the allocation limit for each participating Co-operative and these limits would be subject to a corresponding lending agreement between each Co-operative and their financial institution.
Additional program delivery details are communicated to participants through Program Guidelines. The latest FCLGP Program Guidelines are available here.
Program Applications and Enquiries
To inquire about specific details or make an application for membership, contact the Administrator of your local Co-operative. Details are available here: www.ontariobeef.com/programs/feeder-cattle-loan-guarantee-program.aspx.
For additional enquiries contact:
Beef Farmers of Ontario
For more information:
Toll Free: 1-877-424-1300