Livestock Loans
Financing for the purchase, care, feeding or refinancing of debt on livestock.
Key Benefits of Financing Livestock with Us
Attractive Rates
Fixed, adjustable or variable rates, including rate conversions.
Flexible Payment Options
Loan terms range from short-term grass cattle financing to longer term loans for breeding livestock.
Tailored to Livestock Operations
Livestock loans can be customized to meet your specific financing needs.
Cash-Back Dividends
We share our success with customer-owners, effectively reducing borrowing costs.
Our Line of Credit Can Help You Save Money.
Along with competitive interest rates and highly flexible terms, you can save interest. Plus, get cash-back dividends and cash-back rewards, too.
Livestock Loan Rates and Terms
Fixed Rates
Locks in interest expense for predictable payments and cash flow management.
Variable Rates
- Usually a lower rate that follows market conditions.
- Rate based on either market index or FCSAmerica-administered indexes.
Terms
Loans are subject to eligibility and credit approval.
Available rates and terms, including the annual percentage rate (APR) are subject to change without notice.
Cash-back dividends are based on eligible loan volume and Association financial results. Prior distributions should not be interpreted as guarantees of future performance.
See Terms That Apply
Additional Benefits
Rate Conversions
If rates change and we can help you save money, we’ll contact you.
Apply Online
Easily apply for an FCSAmerica loan when it is convenient for you.
Flexible Payment Schedules
Loans have the flexibility to mirror payments with income flow, ranging from monthly to annually.
Account Management
View balances and transaction histories, transfer funds, make payments and more through My Account.
How to Apply for a Livestock Loan
Livestock Loans Explained
Livestock loans are term loans that involve a lump sum disbursal at the beginning of the loan period and have a fixed repayment term. Term loans may be secured by collateral which in some cases can include the asset being financed or a personal guarantee.
Livestock loans can be used for:
- Purchasing livestock
- Breeding livestock
- Cow/calf operations
- Backgrounding
- Feedlots
- Dairy
We offer flexible financing for livestock loans, with a variety of rate options and payment schedules that align with your cash flow.
The Application Process
When applying for a term loan, be prepared to share some basic information about your operation, your financial background and what you plan to utilize the loan funds for. Your repayment capacity and credit history will be factored into the approval decision.
Once approved, your local financial officer will work alongside you to choose the rates and terms that best fit your operation’s needs. If your financial needs change, you may be able to convert a variable-rate loan to fixed-rate loan or a fixed-rate loan to a variable-rate loan.
Do i enter farm animals purchased for breeding under assets?
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Do i enter farm animals purchased for breeding under assets?
Most common purchased breeding livestock used on farms are entered as an asset and depreciated (hogs, sheep, cattle, horses, goats). There are some exceptions. Please review IRS publication 225;
If you raised the breeding stock from birth they are not entered as an asset but sold as non-depreciated business property.
Farm buildings are depreciated.
Portable panels for pens are generally expensed.
Purchased feed is an expense.
https://www.fcsamerica.com/financing/livestock-loanshttps://ttlc.intuit.com/community/taxes/discussion/do-i-enter-farm-animals-purchased-for-breeding-under-assets/00/298006
