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Closed
Down payment loan
Subordinate financing to complete your down payment
Last Update: April 29, 2026
Funding available
$ 50,000 - $ 500,000
Timeline
- Receipt of requests is now closed
Location
Quebec, Canada
Overview
This program offers subordinate financing to help complete a down payment and support access to conventional financing. It can be used for the purchase of equipment, buildings, agricultural land, quotas, or a complete farm business.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Complete an acquisition or business transfer
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 500,000 $
- Minimum amount : 50,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Startup financing for an agricultural business.
- Business expansion financing.
- Business transfer financing.
- Purchase of FIRA land by tenants, when applicable.
Eligibility
Who is eligible?
- Agricultural businesses.
- Farm start-ups, expansions, and business transfers.
Eligible expenses
- Purchase of equipment.
- Purchase of buildings.
- Purchase of agricultural land.
- Purchase of quotas or a complete farm business.
Eligible geographic areas
- Quebec, Canada.
Additional information
- The loan is secured by second-ranking collateral.
- It is designed to complement financing from a primary lender.
- The borrower can benefit from a capital repayment holiday.
Frequently Asked Questions about the Down payment loan Program
Here are answers to the most common questions about the Down payment loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Down payment loan?
This program offers subordinate financing to help complete a down payment and support access to conventional financing. It can be used for the purchase of equipment, buildings, agricultural land, quotas, or a complete farm business.
How much funding can be received?
Down payment loan Funds up to $500,000 of admissible expenses.
Who is eligible for the Down payment loan program?
To be eligible for the Down payment loan program, you must:
Project must be profitable.
Needs complement primary lender financing.
Down payment must match FIRA’s contribution.
What expenses are eligible under Down payment loan?
Startup financing for an agricultural business.
Business expansion financing.
Business transfer financing.
Purchase of FIRA land by tenants, when applicable.
Who can I contact for more information about the Down payment loan?
You can contact Investment Fund for Agricultural Succession.
Where is the Down payment loan available?
The Down payment loan program is available the province of Quebec.
Is the Down payment loan a grant, loan, or tax credit?
Down payment loan is a Loans and Capital investments