Farm Credit Canada (FCC) – Starter Loan
Description:
FCC provides financing to agriculture and food industry startups and to agriculture, agribusiness or food and beverage-related business that were established within the past three years.
Comments on Funding:
Funding is up to $150,000.
Loan terms and conditions:
Eligibility:
Applications Steps:
Documentation Needed:
Applicants must:
- generate a net worth statement,
- collect past three years of tax returns or accountant-prepared financial statements (if applicable),
- 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.
Other documentation might be required to prove the Indigenous status.
When It Ends:
Ongoing
Deadline:
Rolling deadline