Agriculture Financial Services Corporation says it has made “some interim changes to our loan processes” to assist producers who need funds to buy feed, gain access to water or buy breeding females.
“These changes include quick processing of loans up to $200,000, interest-only payments for up to 24 months, up to 60-month loan amortization and flexible collateral considerations,” said Jason Turner, the crop insurer’s lending manager.
Cattle producers who already have loans are encouraged to call AFSC if they want to look at interest-only payments, payment deferrals or re-amortization, he said. They should speak to a lending relationship manager.
Read Also
Farming Smarter receives financial boost from Alberta government for potato research
Farming Smarter near Lethbridge got a boost to its research equipment, thanks to the Alberta government’s increase in funding for research associations.
Call 1-877-899-2372 or go to afsc.ca, the insurer said.
