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Our Mission Statement The goal of The Sunrise Group, Inc. is to increase the cash flow of dairy farm families across the United States by leasing cows to fill their facilities. A dairy farm operating at 100% capacity improves milk volume, increases labor efficiencies and better utilizes facilities. This can result in increased profitability, thereby improving the quality of life for everyone involved. History of Sunrise In 1990 The Sunrise Group began leasing dairy cows in several Midwestern states (Illinois, Iowa, Minnesota and Wisconsin). The very first lease consisted of 15 Holstein cows leased in Illinois. From this modest beginning, our motto still remains “leasing quality cows to quality people.” Over the next several years, it became apparent that the dairy industry needed an alternative financing source to add dairy cows on a national level. Our experience showed that many dairy operations are running at only 70% to 80% capacity. Therefore we observed that dairy farmers needed to maximize their facilities since their fixed costs had already been incurred. If dairies can operate at full capacity with additional cows, typically a dairy operation will increase cash flow and maximize profits. In 1999, the Sunrise Group expanded their dairy lease operations to include the 48 continental United States. Our success is in direct proportion to our customers being successful. We realize how important it is for dairy farmers and The Sunrise Group to work together as a team. Through the years, many dairy farmers have become our repeat customers and obtained additional cow leases. These past customers have indicated that leasing has contributed a great deal to their success. Our management team has many years of dairy farm experience. We are familiar with dairy farms and the hard work that goes into operating a successful dairy business. We are committed to the dairy industry. We feel the family farm is extremely important to American agriculture, and we will do our best to help preserve these farms for future generations. How the Sunrise Program Works Lease term: Cows are typically leased for 48 months. Monthly lease payments are made through a milk assignment from your milk sales. Payments are based on the value of the cows you select. Upfront Costs: A minimal deposit payment is required at lease signing plus a nominal documentation fee. Offspring of Leased Cows: Customers own all bull calves when they are born. Heifer calves must be retained during the lease term. If the residual is paid by the lessee (dairy) at the end of the lease, ownership is transferred to the lessee. Lease End: There are a number of scenarios for the end of a lease. Some include the option to either purchase at a stated amount or at Fair Market Value, to renew the lease at the end of the original lease term, or return the cows with no further obligation. How You Qualify with Sunrise You currently own and manage a successful dairy herd. The Sunrise Group focuses on well-managed dairy farms. The number of cows you could lease is determined by factors such as feed, labor, expansion capability and your credit history. You need to complete and sign a Sunrise Group lease application and submit a current financial statement. You must submit a copy of your last 2 years of federal tax returns (first 2 pages) plus Schedule F. Our funding source approves your lease application. The Sunrise Group Lease Process Upon approval, the lease documents are prepared. A representative from our company will then meet with you personally to explain each document and answer any questions you may have. You locate the cows you wish to purchase and upon receipt of an invoice, money is paid for the cows. You will immediately start to benefit from filling your dairy, and in 30-60 days after we pay for cows, we will begin receiving a milk assignment. |
