Environmental Solutions – Farm Credit Canada (2022)

Description:

FCC offers financing for environmental solutions that can help farmers make environmental upgrades to their operation and switch to renewable energy resources.

Comments on Funding:

The applicant will pay interest and other fees, if applicable.

Loan terms and conditions: 

  • pre-approved lines of credit;
  • deferred payments;
  • interest-only payments;
  • extended disbursements.

Eligibility:

  • Applicants must be Canadian agriculture businesses.

Applications Steps:

Documentation Needed:

Applicants must:

  • Generate a net worth statement,
  • Collect past three years of tax returns or accountant-prepared financial statements,
  • Gather recent pay stubs or written employer verification for off-farm income (if applicable),
  • Bring government-issued photo ID (drivers license, passport),
  • collect shareholder agreements (if any),
  • assemble copies of existing operating loan agreements (if applicable),
  • Build a business and marketing plan,
  • Prepare and maintain a cash flow budget.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *