Financing Equipment: FCC Dealer Financing Program
no fixed amount
Loan
Description:
The Dealer Financing Program is when you buy new or used farm equipment and finance through a participating dealer.
Comments on Funding:
Dealer financing features:
– zero down payment for loans under $100,000;
– 10% down payment for loans under $500,000;
– competitive down payment on loans over $500,000;
– security taken on equipment being financed;
– variable or fixed finance rates;
– available with up to 10-year terms
– no prepayment penalties or FCC fees
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:
About the author
Maurice