Terms & Conditions

At Rocky View Breeders Association (RVBA), we believe in clear, straightforward terms that work for producers. Below are the general terms and conditions for loans administered through our programs in partnership with Alberta Beef Finance Inc. (ABFI).

Loan Terms
• Most breeding loans are offered flexible terms ranging from 1 to 6 years, depending on the livestock category.
• Annual payment options are available. Producers can choose from payment dates on June 15 or December 15.
• Cull proceeds are applied directly to the outstanding loan balance.
• Early repayment is allowed with no penalties.

Loan Limits & Rates
• Standard maximum loan per operation: $500,000
• Larger loans (up to $1,000,000) may be available upon additional credit assessment
• Interest is charged at ATB Prime + 0.90% (Effective rate subject to change)

Security & Deposits
• A 10% security deposit is required, which can be made via a pooled deposit or equity in the financed livestock
• The Bull Program requires a 20% deposit
• RVBA holds a security interest in the livestock financed through ABFI until the loan is repaid in full

Loan Administration Fees
• A loan administration fee of 0.5% of the total value of cattle financed applies (minimum $250), included in the loan total

Ownership & Insurance
• Livestock must be identified as owned by the borrower and be branded accordingly
• Proof of insurance may be required for some loans
• Borrowers are responsible for maintaining the health, welfare, and ownership records of the livestock under loan

Defaults & Remedies
• Missed payments, unapproved sales, or other breaches may result in loan default
• In a default situation, RVBA and ABFI reserve the right to recover livestock or proceeds to cover outstanding debt

Additional Notes
• All loans are subject to review and approval by RVBA and ABFI
• Terms and conditions may vary slightly depending on loan type, borrower history, or market conditions
• Updated program limits and policies are reviewed regularly to reflect current industry needs

If you have any questions about these terms or would like help walking through them before applying, don’t hesitate to get in touch—we’re here to support your success every step of the way.