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Credit Lines - Canada

Credit Lines

Last Update: January 24, 2025
Canada
Loans for agriculture, agribusiness and food & beverage businesses

Credit Lines at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Grant Providers
  • Farm Credit Canada (FCC)
  • Government of Canada
Status
Open

Overview of the Credit Lines program

Access flexible lines of credit for working capital, operating expenses and purchases of land and equipment through the FCC Credit Line or the FCC Advancer Loan.

Eligible projects & activities

Examples of admissible projects:

$ 65,000

Research and development initiative to create a new organic farming pesticide

$ 38,000

Adoption of digital farming technology to streamline crop monitoring

$ 30,000

Implementation of sustainable waste management practices in urban farming

$ 40,000

Expansion into European export markets for Canadian organic honey

$ 50,000

Development of an online platform to support local dairy farming

$ 50,000

Establishment of a cooperative market to sell local artisanal goods

Eligibility criteria of the Credit Lines program

Who is eligible?

There are specific types of companies that are eligible for this grant. These include:
  • Agricultural businesses
  • Rural small businesses
  • Agri-food processors
  • Farmers

Who is not eligible

There are specific types of companies that are not eligible for this grant.
  • Non-profit organizations
  • Government entities
  • Individuals

Eligible expenses

Eligible expenses for this grant include equipment purchases, building renovations, marketing expenses, and training costs.
  • Equipment purchases
  • Building renovations
  • Marketing expenses
  • Training costs

Eligible geographic areas

This grant does not specify any eligible geographical areas. Thus, all locations could potentially apply unless specified in additional conditions or criteria elsewhere.

Eligibility criteria of the Credit Lines program

There are evaluation and selection criteria for this grant.
  • Alignment with grant objectives
  • Financial viability of the project
  • Potential impact on the community
  • Feasibility of implementation

How to apply to the Credit Lines program

1
Initial Contact
Contact FCC via phone at 1-888-332-3301 or through email to discuss your financing needs and inquire about available revolving, pre-approved loans.
2
Locate Local Office
Find and reach out to your local FCC office for personalized assistance and further instructions on the application process.
3
Follow Social Media Updates
Keep up with FCCagriculture on Facebook, Instagram, LinkedIn, and YouTube for news and tips regarding the application process.
4
Subscription to FCC Knowledge Newsletter
Subscribe to the FCC Knowledge Newsletter for updates and business management content that may assist in the application.

Additional information

Here are additional relevant details for the FCC grant:
  • Applicants can contact FCC representatives for personalized guidance through the contact number or email provided.
  • FCC offers a newsletter that provides valuable business management insights which might aid applicants in preparing stronger grant proposals.
  • Access to local FCC offices can facilitate in-person consultations and support for grant applicants.
  • Engagement through FCC's social media platforms may provide updates and additional resources related to grant opportunities.

Contact Farm Credit Canada (FCC)

1-888-332-3301

Apply to this program

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