“The Farm Loan Board was
interested in helping the farmer.”
- Derek MacNeil, Barraville Holsteins

“They get to know you and your business;
see it first hand and understand your challenges.”
- Ian Tuttle/Ruth Tuttle, Cumberland County, NS

“The Nova Scotia Farm Loan Board
has given me the tools I need to be successful.”
- Luke denHaan, Annapolis Valley, NS

“The Farm Loan Board
is more understanding of what we were doing
in this sector and understood what I was trying to do.”
- Glenn Dodge, Bent Ridge Winery Ltd.

“Van Meekeren Farms chose to obtain financing
from the Nova Scotia Farm Loan Board
because they understand the financial needs of
agricultural businesses, and have a suite of products
available to meet those needs.”
- Stephen Van Meekeren, Van Meekeren Farms Ltd.

“The biggest difference between the
Nova Scotia Farm Loan Board
and other lenders is the products they offer are better suited
to agriculture - they understand agriculture.”
- Michael Lightfoot, Kings County, NS

Nova Scotia Farm Loan Board

Lending Products

We can help improve the viability of farm operations in Nova Scotia.

Deferred Product Options


A deferred loan structure has been developed for:


This product is designed for development of farm production where a long-range approach to cash flow generation is required. For example, most new apple production projects will not see cash flow generation for 4-6 years from start-up. This can place significant limits on how much cash a given farm can commit to new orchard development or any other crop where a significant time delay exists between start-up and established production. Developing mink ranches can have significant time lines between first mink placement and first auction receipts. In these situations it is difficult to borrow establishment money and operating funds, and at the same time service the debt with no additional production for several months or years.

In these situations the NSFLB will consider applications for established producers with interest only payments for up to 5 years. This loan could, for example, be amortized over 26- 30 years, (to establish an interest rate) with a 5 year deferral of principal followed by 21-25 years of blended payments.

Another option is a complete payment deferral on a major portion of the above loan for 3 years. The accrued interest from this 3 year period would be added to the principal at the end of the 3 year period and the client would make interest only payments in year 4 and year 5; and commencing full blended payments in year 6.

The cash flow effect is very significant, for example; borrow $1,000,000 today with a 5 year term, have no payment on the first $500,000 for three years and interest only for the last two years of the term. Pay interest only on the other $500,000 for five years. In year 6 fully blended payments would commence on the original loan plus the 3 years of accrued interest (the new principal amount).


The "Deferred Product Option" product is typically secured by real estate, quota and applicable guarantees.

The Security may take the form of a General Security Agreement (GSA specifically charging the quota), Collateral Mortgage, existing Agreement of Sale, or Continuing Collateral Mortgage.

Other Products

  • Fixed Farm Mortgage

    Fixed rate interest for the full amortization period, from 1-30 years.

  • Term Farm Mortgage

    Term rate financing for 3-5-10 Term Options with 1-30 year amortizations.

  • The Quota Loan

    The Quota Loan is for buying milk quota, egg quota, broiler quota, and turkey quota. Clients know that to grow production and keep a farm moving into the future, it takes a big roll of cash.

  • The Farm Debt Consolidator

    The Farm Debt Consolidator is used as a cleanup tool for short-term payables, stagnant operating debt, medium term loans, and restructuring of long-term debt with other lenders.

  • Deferred Product Options

    A deferred loan structure has been developed for general cash flow situations that require a principal deferment to help a farm manage its cash situation.

  • The “Jump Start” Program

    Jump Start program is designed for new entrant farmers. In combination with the Provincial FarmNext plan this program can give a new farmer a real boost to get his or her farm life off to a great start.

  • “Fast Tracktor” - Equipment Financing

    The Fast Tracktor loan authorization is an equipment purchasing line of credit. The loan option provides a preapproved equipment line of credit for clients requiring new or used equipment to sustain their operation.

  • Cattle and Sheep Deferred Financing

    Deferred financing offers flexible lending terms including payment deferrals that will complement the Nova Scotia Cattle and Sheep Industry Development Program. With the deferred lending option, applicants can purchase cattle and sheep when revenues from the investment would not be seen for approximately two years.

  • Wild Blueberry Business Enhancement Loans

    The Wild Blueberry Business Enhancement program aims to increase wild blueberry production in Nova Scotia through efficiencies and land expansion by providing lending options for equipment, purchase and improvement of existing land, and new site development.

Nova Scotia Farm Loan Board
Nova Scotia Farm Loan Board
Truro - Head Office

74 Research Drive
Bible Hill, NS B6L 2R2

Tel: 902-893-6506
Fax: 902-895-7693

Kentville - Field Office

Kentville Agricultural Centre
32 Main Street
Kentville, Nova Scotia, B4N 1J5

Tel: 902-679-6009
Fax: 902-679-4997