Equipment – Farm Credit Canada


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.


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