Cattle Financing
Magnum Finance, LLC - a completely separate company, was established
to provide financing services to customers of Magnum Feedyard. Even
though equity requirements and interest rates are competitive, we
believe the real value of our cattle financing program lies in its
simplicity. Limited paperwork, substantial flexibility, and almost
immediate response time helps to differentiate our financing program
from more conventional financing methods. Designed to enable us
to be competitive in the marketplace, this service continues to
gain popularity with our customer base.
Feed Financing
As easy as one, two, three! All you need to do is let us know
that you want us to carry the feed. You will continue to receive
a bi-monthly feed bill detailing all of the charges for that period
as well as charges since the lot was placed on feed. The feed statement
will note the accumulated amount financed. As cattle become market
ready and are harvested, proceed checks from the packer are made
payable to the feedyard for the customer account, immediately deposited,
and applied against any financed balance. Again, our interest rates
are competitive but simplicity is the real attraction to our customers.
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