Environmental Solutions – Farm Credit Canada

ByMaurice

Description:

Farm Credit Canada 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.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

  • Applicants must be Canadian agriculture businesses.

Applications Steps:

1

Applicants must contact a FCC representative for details.

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.

Program Contact:

Environment Solution – Farm Credit Canada

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.

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