Posted: January 20, 2022


No Fixed Amount

Type of Program:



FCC provides financing for buying or take on lease new or used farm equipment through a participating dealer.

Comments on Funding:

Dealer financing terms and conditions:

  • 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 ($150 fees on leasing).

Lease terms and conditions:

  • competitive rates;
  • fixed payments with terms between two and five years;
  • no security deposit or extra security required;
  • use your trade-in as credit;
  • option to buy equipment at end of lease term.

When It Ends:



Rolling deadline


  • Applicants must be Canadian agriculture businesses.

Applications Steps:


Applicants must call at 1-800-510-6669 to get pre-approved.

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.


About the author 


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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