How much funding can be received?

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|terms_and_conditions

This financing program provides a range of financial services to support the growth and expansion of agribusinesses in Canada. The modalities are designed to cater to different stages and needs of a business to ensure sustainable development and innovation within the agricultural sector.

Real property financing for the purchase or development of agricultural land and buildings.
Equipment and inventory financing to support the acquisition of necessary business tools and supplies.
Expansion and construction loans to facilitate the physical growth of agribusiness facilities.
Start-up financing to help new companies enter the agricultural sector.
Diversification loans aimed at supporting businesses in branching out into new areas or products.
Debt stretch and cash flow management solutions to assist with maintaining financial flexibility and operations stability.
Mergers and acquisitions funding to enable consolidation and strategic growth within the industry.
Syndicated lending for large-scale projects requiring collaboration between multiple financial entities.
Venture capital to support innovative agribusiness projects with growth potential.

grant_single_labels|projects

This financing initiative is tailored to support diverse projects within the agribusiness sector in Canada, aiming to foster growth, innovation, and sustainability. It provides funding opportunities for businesses at various stages of development, seeking to improve efficiency and explore new markets.

Acquisition or expansion of real property for agribusiness purposes.
Purchase of equipment and inventory to enhance production capabilities.
Funding for expansion and construction projects to grow business operations.
Support for startup ventures within the agriculture and food sectors.
Diversification projects to introduce new products or services.
Assistance in managing cash flow and debt requirements for business stability.
Facilitating mergers and acquisitions to consolidate market position.
Syndicated lending options for large-scale agribusiness initiatives.
Venture capital investments to drive innovation in agribusiness.

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_eligibility_criteria|zone

This grant funding is available to companies throughout Canada as it is offered by a national financial institution. The geographical eligibility includes businesses from all regions across the country.

All Canadian provinces and territories.
Urban and rural regions across Canada.

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.