Feeder Cattle Loans
Texas AgFinance
offers a special Feeder Loan Program to help year-round producers and
feeders succeed in the highly competitive cattle-feeding business. Our
feeder loans are available at competitive interest rates, and our margin
requirements are competitive in the cattle-financing industry.
We offer two types
of feeder loans:
- Pen financing
- We finance the cost of the cattle less the margin requirement, plus
100 percent of feed costs. This approach allows producers to compare
costs between pens.
- Revolving loan
- The customer maintains a minimum margin and draws funds based on
borrowing needs.
When shopping for
a feeder loan, remember the advantages of a Texas AgFinance loan:
- Competitive
interest rates
- Competitive
margin requirements
- Loans custom-tailored
to the borrower's needs
- Financing available
on an individual pen basis
- Feed bills paid
directly to the feedyard
- Experienced
lending staff
Patronage Program
Patronage refunds are one of the many benefits of borrowing from Texas
AgFinance. As a cooperative, we follow the cooperative business principle
of refunding a portion of our annual earnings back to our stockholders
through direct patronage payments, reduced borrowing costs or competitive
interest rates.