🏠 | Loan | FCC Young Entrepreneur Loan

FCC Young Entrepreneur Loan

Amount:

$2,000,000.00

Type:

Loan

Description:

FCC provides financing to young entrepreneurs under 40 to start or expand their business. They can purchase shares in, buy, or improve an agricultural or food-related business, and take their dream business to the next level.

Comments on Funding:

Benefits:
– Get capital for your business up to $2,000,000
– Low interest rates so you can focus on building your business
– Establish or expand your business and build your credit history with FCC

Features:
– Purchase agriculture or food-related assets
– Take up to 18 months to make purchases
– No loan processing fees
– Preferential rates available

Deadline:

Continuous Intake

Eligibility:

Applicants must be:
1. entrepreneurs under 40,
2. involved in agribusiness and agri-food.

Application Steps:

Applicants must contact the FCC local office.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

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.