Loan Programs

 
   
 
Program Information
 
 
 

Agency:

Farm Credit Canada

For Further Information Contact:

Tel: 888 332 3301
Web: http://www.fcc-fac.ca/en/Products/Lending/loanselector_e.asp
 
 

 
Program Details
 
 
  Farm Credit Canada has a wide range of financing options available. Its website offers a tool to help users find out which loan options would meet their needs. Options include the following:

1-2-3 Grow Loan: Use the interest-only payments of the 1-2-3 Grow Loan to manage your cash flow until you see a return on your investment.

Advancer Loan: Everything you need: a pre-approved, secured loan that continually re-advances funds as you grow your operation.

Construction Loan: This loan allows you to pause principal payments for agribusiness construction projects that will be completed within 18 months.

American Currency Loan: For those that derive a significant portion of their revenue in US dollars. This loan makes it possible to borrow capital and make payments in American funds.

Capacity Builder Loan: Save time, costs and avoid paperwork with a pre-approved loan that's good for up to one full year for the purchase of quota and breeding livestock.

Cash Flow Optimizer Loan: This loan gives you the freedom to use money that would normally go to paying principal and reinvest it in other areas of your operation.

Enviro-Loan: With this loan, you can construct, improve or expand your manure storage facility without putting a strain on your cash flow.

FarmBuilder Loan: This loan gives you financing for construction projects that will be completed within 18 months and allows you to pause principal payments while you're building.

First Step Loan: This loan can help you to purchase your first farm-related asset, even if you have limited credit experience.

Flexi-Farm Loan: This loan allows producers in all sectors to take principal holidays at their own discretion.

Herd Start Loan: This loan is designed to give you time after starting or expanding your livestock operation. Your payments won't mature until your livestock does.

Opportunity Loan: This loan lets your business take advantage of new opportunities. During the course of your loan, you can pause your principal payments.

Payday Loan: This loan lets you use your employment earnings and good credit history to get started.

Performer Loan: Achieve your agribusiness goals and FCC will recognize your performance! This loan rewards you with lower interest rates when your business achieves pre-set financial goals and ratios.

Plant Now - Pay Later Loan (Deferred Payment): This loan gives you deferred payment options for your perennial crop operation expansion. You don't pay until you start reaping the benefits.

Spring Break Loan: This loan is designed for forestry operators who typically reduce their harvesting during spring road bans.

Stop and Grow Loan: Developed for woodlot owners - principal payments can be deferred for an extended period to allow saplings to become trees and trees to become profitable woodlots!

Transition Loan: Do you want to buy a farm from someone who's retiring? Are you retiring and want to sell your farm? The Transition Loan helps both of you make the move.

The FCC website provides more information on each of these options, or you can call FCC's toll-free line to speak to a customer service representative.

 
 
 
  For more information about the content of this document, contact Ag-Info Centre.

Last Reviewed/Revised on September 20, 2007.