Applications will be considered from both existing producers and new prospective farmers for a variety of projects including, but not limited to farm acquisitions (i.e. farms as going concerns), land purchases, construction/improvement of buildings and rural agri-businesses development.
Financing is predominantly secured by real estate. Amortization is generally for a fixed term with payments scheduled on a monthly, semi-annual or annual basis. Term rates are available to clients who fulfill certain criteria. See details of our current interest rates.
Applications are processed on the basis of a security appraisal, an assessment of the farming program and a review of the completed application form. Supplementary information may be required based on the situation under review. (i.e.: business plans) Preparing and Agri-Business Plan