Agribusiness Financing

Agribusiness Financing

Financial support for agribusinesses

At a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : November 14, 2019
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • Farm Credit Canada
  • Government of Canada
Status
Open

Overview

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.

Eligibility criteria

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.

Who is eligible

- Crop input suppliers and retailers - Equipment manufacturers and dealers - Feed processors - Wholesale, storage and distribution - Grain handling and logistics

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

How to apply

  • 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.

Additional information

- 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.

Documents and links

Agribusiness Financing

Apply to this program