Forestry Financing
QC, Canada
Forestry investment in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Gouvernement du Québec
- La Financière agricole (FADQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get personalized financial support and low-interest loans ranging from 0.30% to 0.60% on interest rates from the financial institution of your choice to promote your corporation, maintain, or develop forest production units.
grant_single_labels|terms_and_conditions
The Forestry Financing Program provides borrowers with personalized financial support and advantageous interest rate options.
- Individualized advice from financing advisors throughout the loan period.
- Interest rate discounts ranging from 0.30% to 0.60% for the full term of the loan.
- Flexibility to negotiate interest rates with a financial institution of the borrower's choice.
- Financial project analysis services to assess the feasibility and potential of the project.
- Assistance in creating detailed business plans to solidify financial strategies.
- Guidance on interpreting financial statements to improve financial literacy and decision-making.
- Consultations on various financing options tailored to the client’s needs and circumstances.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 300,000
Purchase new machinery to optimize forestry operations
$ 130,000
Development of eco-friendly forest management practices
$ 75,000
Training program for forest workers on sustainable practices
$ 220,000
Establish a forest education and awareness center
$ 190,000
Expand and upgrade forest nursery facilities
$ 250,000
Digital transformation of forest production operations
grant_single_labels|admissibility
Eligibility for the Forestry Financing Program is determined by certain criteria based on the nature of the applicant and the requirements of the project.
- The applicant must be involved in the forestry sector.
- The project must be in collaboration with or receive endorsement from the ministère des Ressources naturelles et des Forêts.
- The applicant should demonstrate the need for financial support through a comprehensive business plan.
- Financial analysis, including the interpretation of financial statements, must be conducted as part of the application process.
grant_eligibility_criteria|who_can_apply
This grant is targeted towards individuals or businesses involved in forestry projects in Québec. Specific eligibility criteria may include being a registered forestry business, having a project that contributes to sustainable forest management, or aligning with regional development goals. Interested applicants should contact La Financière agricole du Québec for detailed eligibility requirements.
grant_eligibility_criteria|eligible_expenses
The Forestry Financing Program aids in the financial growth and stability of forestry-related projects. The eligible activities focus on providing financial and advisory support to facilitate various aspects of forestry project development.
- Financial analysis of forestry projects to determine feasibility and sustainability.
- Assistance in drafting comprehensive business plans tailored to the forestry industry.
- Interpretation and evaluation of financial statements for forestry businesses.
- Consultations on diverse financing options available for forestry initiatives.
grant_eligibility_criteria|zone
The Forestry Financing program is administered by La Financière agricole in conjunction with the ministère des Ressources naturelles et des Forêts, suggesting it targets specific regions in Québec. However, the exact eligible geographical areas are not explicitly mentioned in the available information.
grant_single_labels|criteria
Evaluation and selection criteria for this grant:
- Financial analysis of the project
- Drafting a business plan
- Interpreting financial statements
- Discussions on financing options
grant_single_labels|register
Here are the steps to submit an application for the Forestry Financing Program:
- Step 1: Preliminary Consultation
- Contact La Financière agricole to arrange a meeting with a financing advisor.
- Discuss your forestry project and financing needs with an advisor.
- Step 2: Financial Analysis and Business Planning
- Work with your advisor to conduct a financial analysis of your project.
- Receive assistance in drafting a comprehensive business plan for your project.
- Interpret your financial statements with the guidance of your advisor.
- Step 3: Application Preparation
- Gather all necessary documentation as advised by your financing advisor.
- Ensure your business plan and financial analysis documentation are complete and accurate.
- Step 4: Submission of Application
- Submit your application and all required documents to La Financière agricole.
- Ensure the submission is done through the correct channels, as advised by your financing advisor.
- Step 5: Confirmation and Follow-up
- Receive confirmation of your application receipt.
- Follow up with your financing advisor for any further requirements or updates.
grant_single_labels|otherInfo
Here are additional relevant details for the Forestry Financing Program:
- Personalized support from financing advisors is offered to guide applicants through the financing process.
- The program offers a discount of 0.30% to 0.60% off the interest rates for the entire term of the loan.
- Applicants have the flexibility to negotiate interest rates with their chosen financial institution.
grant_single_labels|contact
1-800-749-3646
