Open
Source verified October 4, 2026
Direct Loans
Flexible agricultural financing for Manitoba farmers
Latest source updateLast Update: October 4, 2026Latest change: MASC updated the Direct Loans lending rates effective October 2, 2026, with higher fixed and renewable interest rates across the listed terms.View change
Latest source update
Last Update: October 4, 2026
Latest change: MASC updated the Direct Loans lending rates effective October 2, 2026, with higher fixed and renewable interest rates across the listed terms.
Direct Loans interest rates updated
The Direct Loans page now shows updated lending rates effective October 2, 2026 instead of September 2, 2026. Fixed and renewable rates increased across the listed terms, changing borrowing costs for the program. The Environmental Enhancement Loans factsheet also now shows the October 2, 2026 effective date and higher listed lending rates.
Funding available
$ 6,250,000
Deadline
Open continuously
Location
Manitoba, Canada
Overview
Direct Loans provide Manitoba farmers with short, intermediate, and long-term financing at reasonable interest rates, with borrowing up to $6.25 million and up to 80 per cent financing. Eligible uses include agricultural land, equipment, production buildings, on-farm homes, breeding livestock, quota, greenhouses, land improvements, debt consolidation, refinancing, operating expenses, alternate energy projects, and environmental enhancement projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 6,250,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Manitoba
Legal structures
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 1
Activities funded
- Purchase of agricultural land or buildings
- Purchase, construction or renovation of farm production buildings and on-farm homes
- Purchase of new or used agricultural equipment
- Purchase of breeding livestock, supply-managed quota, greenhouses and nurseries
- Permanent land improvements, debt consolidation or refinancing, operating expenses, alternate energy projects, and environmental enhancement projects
Documents Needed
- Personal identification
- Articles of incorporation or partnership agreement, shareholder registry and identification, and borrowing by-laws, if applicable
- Income tax or financial statements for 3 years
- Statement of Assets and Statement of Liabilities
- Projected Operating Statement, Livestock Projected Operating Statement, and report of any off-farm income
Official resources
Eligibility
Who is eligible?
- Individuals
- Joint farm units
- Partnerships
- Corporations
- Cooperatives
Eligible expenses
- Purchase of agricultural land or buildings
- Purchase of new or used agricultural equipment
- Purchase, construction or renovation of farm production buildings
- Purchase, construction or renovation of on-farm homes
- Purchase of breeding livestock, supply-managed quota, greenhouses and nurseries; permanent improvements to land; debt consolidation or refinancing; operating expenses
Eligible geographic areas
- Manitoba
How to apply
- Collect your documentation and contact your local MASC Service Centre to set up an appointment with a loan specialist.
Frequently Asked Questions about the Direct Loans Program
What is the Direct Loans?
Direct Loans provide Manitoba farmers with short, intermediate, and long-term financing at reasonable interest rates, with borrowing up to $6.25 million and up to 80 per cent financing. Eligible uses include agricultural land, equipment, production buildings, on-farm homes, breeding livestock, quota, greenhouses, land improvements, debt consolidation, refinancing, operating expenses, alternate energy projects, and environmental enhancement projects.
How much funding can be received?
Direct Loans Funds up to 80% of admissible expenses, capped at $6,250,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Direct Loans program?
To be eligible for the Direct Loans program, you must:
The applicant must be a Manitoba resident who is at least 18 years of age.
The applicant must be a Canadian citizen or have lawful permanent residence status.
The applicant must personally operate the farm and meet viability and security requirements.
What expenses are eligible under Direct Loans?
Purchase of agricultural land or buildings
Purchase, construction or renovation of farm production buildings and on-farm homes
Purchase of new or used agricultural equipment
Purchase of breeding livestock, supply-managed quota, greenhouses and nurseries
Permanent land improvements, debt consolidation or refinancing, operating expenses, alternate energy projects, and environmental enhancement projects
Who can I contact for more information about the Direct Loans?
You can contact Manitoba Agricultural Services Corporation (MASC).
Where is the Direct Loans available?
The Direct Loans program is available the province of Manitoba.