“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.

Term Farm Mortgage

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


The Board's Term Farm Mortgage can be used for:


The Term Farm Mortgage can be accessed with three term rate options.

If the client wishes to assume some interest rate risk then the client can select shorter fixed rate terms of 3, 5 and 10 years. These shorter terms of fixed rate financing provide a lower interest rate benefit during the term. At the end of the term, the rate is reviewed and reset either for another short term or for the remaining amortization period. Some conditions must be met to qualify for the term rate options.

The risk assumed when using the term option is that the interest rate environment may increase over the term of the loan, which means that at the anniversary date for renewal, the client's rate will reflect the high rate environment. In other words, there is no cap on a rate increase.

This product comes with significant flexibility, tailored to fit the individual cash flow of a farm. Repayment can be: weekly, biweekly, monthly, semi-annual or annual. In some cases interest only payments apply and payment options can be arranged in advance.


The Farm Mortgage is typically secured by real property, livestock, quota, equipment and applicable guarantees.

The security may take the form of a Collateral Mortgage, Continuing Collateral Mortgage, or existing Agreement of Sale, at the choice of the client. Personnel Property (chattel items) is normally secured with a General Security Agreement (GSA). There may be certain benefits for future borrowing provided by the security instrument selected.

Creditors Life Insurance is available for the full amount of the loan.

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