CFA Financing

PROGRAM DETAILS

CFA is a financial services cooperative with more than 140 local and regional cooperative members.

CPI and CFA have an agreement providing input financing lines of credit to qualified patrons.

The lines of credit are administered by CPI following the guidelines for qualifying purchases set by CFA.

Lines of credit are based on the applicant’s full share acres X APH X insurance coverage level X CFA projected pricing. Crops to be fed to livestock do not qualify for CFA financing.

This a variable interest rate loan. Special terms may apply, contact your CPI agronomist for details.

DOWNLOADABLE FORMS

CPI Full Credit Application

CPI Grain Only Application

CFA Financing Application

CFA Crop Worksheet

Email completed forms to rkulwicki@cpicoop.com OR mail to:

Cooperative Producers, Inc.
Attn: Russ Kulwicki
P.O. Box 1008
Hastings, NE 68902-1008

CPI/CFA CONTACT

For more information, contact Russ Kulwicki at:
(402) 463-5181 or 800-355-2710

cfa logo higher resolution

 

APPLICATION PROCESS

  1. Credit Application
  2. Crop Worksheet
APPROVAL PROCESS
  1. Credit in good standing with CPI
  2. Subject to credit approval by CFA
COLLATERAL REQUIREMENTS

Lien position, assignment of insurance, buyers notification and other collateral requirements are based on loan size and credit quality.

LOAN FEES

$125 per year (if approved and final loan documents are returned to CFA).

LOAN APPROVAL TIME

A credit decision is communicated to CPI within 48 hours of receiving a complete application.

CROP PRODUCTION REPAYMENT TERMS

MATURITY DATE

January 15, 2018

LOANS FOR CROP PRODUCTION ONLY

LOAN TYPES

Unsecured loans up to $250,000
Secured loans up to $350,000
Secured loans up to $2,000,000 with additional information