🏠 | Loan | Credit Lines: FCC Advancer Loan

Credit Lines: FCC Advancer Loan

Maurice
By Maurice | May 1, 2025

Amount:

no fixed amount

Type:

Loan

Description:

The FCC Advancer Loan pulls out all the stops. It’s everything you need: a pre-approved, secured loan that continually re-advances funds as you grow your operation. And you’re in charge. You determine when you want loan funds disbursed to your account.

Comments on Funding:

Features:
– Purchase land, buildings, livestock, quota or other personal property
– Open variable rate

Ability to continually re-advance funds

Interest-only payments required with principal payments at your discretion

Ability to convert in whole, or in part, to a term loan with a fixed repayment schedule

Deadline:

Continuous Intake

Eligibility:

Applicants must be Canadian agriculture businesses.

Application Steps:

Applicants must contact a FCC representative for details. via call 1-888-332-3301 or email csc@fcc-fac.ca.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Web Page:

https://www.fcc-fac.ca/en/we-finance/agriculture/lines-of-credit.html
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.