Agribusiness Financing
Canada
Financial support for agribusinesses
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
- grant_single|grantStatusClosed
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Wholesale trade
- Transportation and warehousing
grant_single|grantors
- Farm Credit Canada (FCC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a repayable loan for your agribusiness to help minimize your operating costs, to diversify and to expand your activities. Also, receive specialized planning and operations support from experts.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$100,000
Diversification of a family-owned organic farm
$90,000
Acquisition and modernization of an urban rooftop farm
$150,000
Purchase of cutting-edge farming equipment to boost agricultural productivity
$85,000
Introduction of a new organic product line in a small agribusiness
$250,000
Establishment of a vineyard and wine production facility
$130,000
Renovation and expansion of a dairy farm
grant_single_labels|admissibility
The eligibility criteria for the FCC (Farm Credit Canada) grant may vary based on the specific program or service provided by FCC. However, in general, some common eligibility criteria for FCC grants and financing programs include: 1. Being a Canadian agribusiness or agricultural enterprise. 2. Demonstrating a viable business plan and financial stability. 3. Meeting FCC's specific industry focus areas, such as crop input suppliers, equipment manufacturers, feed processors, wholesale, storage, distribution, grain handling, and logistics. 4. Having a clear purpose for the funds, such as business expansion, diversification, start-up, equipment purchase, debt refinancing, or other eligible projects. 5. Complying with any additional requirements or criteria set by FCC for the particular program or service. To determine your eligibility for FCC grants and financing, it is recommended to contact your local FCC Corporate and Commercial team or visit the official FCC website for detailed information on specific programs and their eligibility requirements.
grant_eligibility_criteria|who_can_apply
- Crop input suppliers and retailers - Equipment manufacturers and dealers - Feed processors - Wholesale, storage and distribution - Grain handling and logistics
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant. The grant covers a variety of expenses including:
- Real property
- Equipment and inventory
- Expansion and construction
- Start up
- Diversification
- Stretch debt and cash flow requirements
- Mergers and acquisitions
- Syndicated lending
- Venture capital
grant_single_labels|register
- Step 1: Contact your local Corporate and Commercial team at FCC to discuss your financing needs and see if their financing options are suitable for your business.
- Step 2: Work with FCC to build a financing plan tailored to your business after providing information about your business and its requirements.
- Step 3: Explore the different types of financing options offered by FCC such as real property, equipment and inventory, expansion and construction, start-up funds, diversification, debt management, mergers, acquisitions, syndicated lending, and venture capital.
- Step 4: Collaborate with FCC to finalize the financing agreement and terms that align with your business goals and financial capabilities.
grant_single_labels|otherInfo
- FCC (Farm Credit Canada) is a lender exclusively focused on Canadian agriculture. - They provide financing and other services to agribusinesses for growth and expansion. - FCC offers specialized support beyond just financing to help businesses thrive. - They finance various sectors within agriculture, including crop inputs, equipment, feed processing, and logistics. - FCC has over 60 years of industry experience, a large portfolio, and expertise to tailor loans to each business's needs. - Types of financing provided include real property, equipment, expansion, start-up, and diversification, among others. - They also offer resources for Indigenous agriculture and food opportunities. - Special programs like the Young Entrepreneur Loan and FCC Vision are available for young entrepreneurs and industry input.
Apply to this program
FCC Agribusiness Financing Grant
Description of the FCC Agribusiness Financing Grant
The FCC Agribusiness Financing Grant is a specialized program offered by Farm Credit Canada (FCC) to support agribusinesses in Canada. With a strong focus on agriculture and food sectors, FCC provides tailored financial solutions to help businesses grow, diversify, and innovate. The grant covers a wide range of financing options including real property, equipment, expansion, start-ups, and more, making it a comprehensive resource for agribusinesses looking to thrive in the industry. FCC's extensive experience, industry knowledge, and commitment to partnership make them a trusted ally for agribusinesses in Canada seeking financial support and strategic guidance.
