What are the interest rates for SK Livestock Finance Co-operative?
Interest rates for the Cattle and Bison Feeder Programs is Prime + 0.50% and for the Cattle and Bison Breeder Programs is Prime + 0.75%. For more information about our fees, please visit the Fee Structure page.
What are the assurance fund requirements for SK Livestock Finance Co-operative?
Members will be required to put 5% down for feeder livestock and 10% down for breeder livestock. For more information, please visit the Our Programs page.
Can you provide examples of what I should include as Industry References for the Membership Application Form?
Examples of possible industry references include veterinarians, feed stores, business partners, suppliers, etc. Businesses that you have a business relationship and/or a credit account with that can speak to your producer operations would be appropriate to include in this section.
Is there only one Annual Membership fee for SK Livestock Finance Co-operative? Does the fee include membership for both feeder and breeder options?
SK Livestock Finance Co-operative will an Annual Membership fee for its members. This fee will be invoiced to all SKLF members on September 1, 2019 and will be payable up to December 15, 2019. For more information about our fees, please visit the Fee Structure page.
What happens if some members of my Association decide not to transfer over to SK Livestock Finance Co-operative?
It is not mandatory that all current LLG members transfer over to SKLF. We recommend that you talk directly with your Association Secretary to determine what the options are. Generally, members will have the option to transfer to SKLF, payout their existing loans with their local Association or seek their own financing.
What are the policies and procedures of SKLF?
SKLF’s Policies & Procedures Manual can be found at the bottom of the Our Programs page.
Will hard copies of the Membership Application Forms be provided to all Association Secretaries?
SKLF is not, at this time, planning to mail out hard copies of the Membership Applications Forms and Consent Forms. Electronic copies of the Membership Application Forms can be found on the Become A Member page.
Who should we make the cheques out to?
Please make cheques out to SK Livestock Finance Co-operative Ltd.