Complete Ag Lending Services
We believe in lending a helping hand whenever a good neighbour asks. That’s why we finance farms of virtually every size in every industry including beef, dairy, poultry, hog and grain.
Our lending rate is not based on the bank’s prime rate, but on our own Standard Rate, which historically provides our members with better rates. And approval of all loans and mortgages is made right here in Manitoba.
Agriculture Financing options include:
- Business Mortgages
- Operating and Term Loan Financing
- Letters and Lines of Credit and Equity Link Lines
- MasterCard®
Find out more by clicking any of the green links above.
There when you need us.
Whether it’s for a mortgage, an operating loan for financing new equipment, or a term loan to bridge the gap between harvest and sale, we’re there when you need us most.
Our lending rate is not based on the bank’s prime rate, but on our own Standard Rate, which historically provides our members with better rates. And approval of all loans and mortgages is made right here in Manitoba.
To find out all there is to know about whet we offer, contact us directly or click the link below.
Short term borrowing and overdraft protection.
An SCU Agricultural Business Line of Credit is the ultimate in convenience. You only pay for what is used and positive balances earn interest at the regular chequing rate. It's ideal for short-term borrowing and overdraft protection and it can be linked directly to your company chequing account. When the chequing balance falls below zero, any additional withdrawals are taken from the line of credit. Subsequent deposits pay off the line of credit until the balance is back above zero.
We also issue Letters of Credit should another company require a guarantee regarding your account. Make sure to ask about our Agricultural Business Equity Line of Credit which is a form of revolving credit in which your real estate serves as collateral to allow quick access to required funds.
For complete details regarding all our agricultural lending options, click the link below.
Protect yourself.
Whenever you borrow money, either for your business or a mortgage, you assume an obligation to make payments on time. If you become unable to earn income because of a disability or other unexpected calamity, loan insurance can make your payments for you. It’s a very affordable way to ensure your peace of mind and we offer it to all our members.
To find out more, click the link below.
Agricultural Products and Services PDF
It's all about convenience.
In addition to our No Fee, Low Fee, Low Fee Gold, Gold and Platinum credit cards, we offer a Business MasterCard®. It’s perfect as an expense card for business travel and expenses. To see our complete lineup of MasterCard options, click the link below and go to page 16 of our brochure.
Introduction to Steinbach Credit Union PDF
MasterCard® is a registered trademark owned by MasterCard International Incorporated and is used under license.