National offers financing for cattle feeders using one of two options:
- If you are a feeder but you also run stocker cattle or cows or both, we can structure an annually renewable line of credit that stays with you through the feedlot. These loans may require reporting monthly, quarterly, semi-annually or annually depending upon your financial strength.
- If you currently finance your feedlot cattle with the feedyards in which you feed, we can make a lot by lot loan that finances each pen of cattle separately.
- Interest is collected as each pen is sold.
- Cash equity per head of $175 is required.
- You can finance in multiple yards while signing only one note with National.
- We can finance only your feedyard cattle if you have favorable pasture financing that you want to maintain with your current lender.
- You will get a separate loan statement for each pen upon closeout.
No fees, low rates, detailed timely reporting, professional service and officers that understand the industry. Everything you want in a feedlot finance package. |