Agricultural Loans & Lines of Credit
We're in it with you. It's more than a loan. It's a partnership.
We understand the work that goes into planning and running your farm operation. As Saskatchewan's farm lending experts, we're proud to offer you sound agricultural finance products and advice that fits your story, operation, goals and business style.
Agricultural Term Loan
No one knows the value of lending a helping hand better than the farmers and ranchers of our communities. Offering flexible loan products that help you when you need it is just our small way of returning the favour.
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Competitive rates
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Flexible terms and repayment plans
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Fixed and variable rate options
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No prepayment penalty
Agricultural Line of Credit
Agriculture can be unpredictable and cash flow is needed to keep your operation running smoothly. A line of credit is directly connected to your chequing account, and you'll only pay interest on what you use.
- Competitive rates
- Overdraft protection
- No repayment restrictions
- Easy access to funds
- Interest paid only on what you use
Agricultural Quick Loan
The payment structure of a loan and the flexibility of a revolving line of credit. Apply once and access funds whenever you need. Once paid down, funds can be re-advanced without having to apply again.
- Competitive rates
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Flexible terms and repayment plans
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No prepayment penalty
Dealer Financing
With our Dealer Financing program, you now have the convenience of purchasing new or used farm equipment and acquiring financing direct from Cornerstone Credit Union through a participating dealer.
- Apply at one of our participating dealers
- One-stop financing at point of purchase
- Minimal paperwork and fast turnaround times
- Competitive program rates
Leasing
Cornerstone Credit Union proudly partners with Calidon Equipment Leasing to offer you payment solutions that work for you and your unique farming operation.
Our leasing program covers just about anything your farm could need. From tractors to grain bins, lease what you need, when you need it!
Our leasing program covers just about anything your farm could need. From tractors to grain bins, lease what you need, when you need it!
What to bring to your lending appointment:
Information required for all borrowers / guarantors on the loan:
- Five years Personal Income Tax including Statement of Farming and/or Business Activities
- Personal Net Worth Statement or Farm Business Analyst (if available)
- Purchase Price and down payment information
- Copy of offer to purchase or bill of sale that includes the following information:
- Buyer name (personal) - the loan will be in this name
- Dealer vs. private sale? If private sale - Seller name (personal or company) and address
- Date of agreement
- Property/equipment description
- Legal land description
- Equipment year, make, model serial number
- Purchase price
- Business Plan for operations <2 years old
Information required for all borrowers / guarantors on the loan:
- Five years Corporate Financial Statements
- Five years Personal Income Tax including Statement of Farming and/or Business Activities
- Personal Net Worth Statement or Farm Business Analyst (if available) for each individual
- New Cornerstone Members - Personal information sheet completed in full for each individual
- Existing Cornerstone Members - verify all info is up to date and correct
- Authorization to perform a credit check for each individual
- Purchase price and down payment information
- Copy of offer to purchase or bill of sale that includes the following information:
- Buyer name (corporate) - the loan will be in this name
- Dealer vs. private sale? If private sale - Seller name (personal or company) and address
- Date of agreement
- Property/equipment description
- Legal land description
- Equipment year, make, model serial number
- Purchase price
- Business Plan for operations <2 years old
Ways to Bank
You’re busy managing your life - let us offer you convenient ways to manage your banking.
Digital Banking
Digital Banking
Our Digital Banking provides you with 24/7 online access to your accounts, allowing you to take care of your financial transactions - both personal and business - at your convenience.
Mobile App
Mobile App
Our mobile app is available on iPhone and Android™ devices. With tons of convenient features, it's a fast and secure way to handle your everyday banking wherever and whenever works for you.
Contact Centre
Contact Centre
Enjoy the convenience of telephone banking with our friendly and knowledgeable staff, always ready to help on the other end of the line.
Branches & ATM
Branches & ATM
We love to see you walk through our doors. Stop by and let us help you! Or visit one of our ATMs for quick access to your funds anytime of the day or night.