Farm Land and Buildings Financing
Canada
Loan for farm land and buildings
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Construction
grant_single|grantors
- Government of Canada
- Farm Credit Canada (FCC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a loan with flexible repayment options to help you purchase new land or expand your farm operation by adding a new building.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$300,000
Saskatoon
Construction of a new dairy barn to increase milk production
$125,000
Ottawa
Purchase of land and construction of a greenhouse for year-round vegetable farming
$50,000
Montreal
Creation of an urban farm by acquiring land and building planter boxes
$150,000
Abbotsford
Purchase of 50 acres of farmland for organic vegetable cultivation
$100,000
Fredericton
Expansion of a poultry farm with the addition of a new chicken coop
$120,000
Kelowna
Acquisition of 30 acres of vineyard land to expand wine production
Apply to this program
Grant Summary
FCC Land and Buildings offers flexible financing options for producers looking to purchase land or expand their operations with new buildings. The loans provide pre-approved lines of credit, deferred payments, and other benefits to help producers manage their finances effectively.
Understanding FCC Land and Buildings Financing
FCC Land and Buildings offers financing solutions designed specifically for agricultural producers looking to invest in land or construct new buildings. With a focus on providing flexible options that suit the unique needs of farmers, FCC aims to support the growth and success of agricultural operations across Canada.
Producers can benefit from pre-approved lines of credit, which allow for easy access to funds when needed for land purchases or building projects. The option for deferred payments provides flexibility in managing cash flow during the initial stages of land acquisition or construction.
Interest-only payments are available, giving producers the ability to focus on other financial priorities while maintaining low initial payment requirements. Extended disbursements enable gradual fund releases throughout the construction process, aligning with project milestones and expenditures.
Producers have the flexibility to choose from different interest terms, maturity dates, amortization periods, and repayment schedules that best suit their financial situation and long-term goals. Prepay options are also available based on the selected interest term, allowing for early repayment and potential interest savings.
Managing payments around growing cycles, off-farm income fluctuations, or construction phases is made easier with FCC Land and Buildings financing. The ability to schedule payments strategically can help producers better plan their financial commitments and optimize cash flow throughout the loan term.
Loan insurance is available to protect producers and their assets, offering peace of mind in the event of unforeseen circumstances that may impact their ability to repay the loan. Understanding the importance of safeguarding one's financial investments, FCC provides this option to ensure security and stability for producers.
Producers interested in exploring FCC Land and Buildings financing options are encouraged to contact FCC representatives for personalized assistance. With a focus on supporting agricultural growth and development, FCC is committed to providing the necessary financial tools and resources to help producers achieve their goals.
