MASC Lending Programs and Loan Guarantees
Overview
Get favourable terms and rates on loans for your business and/or production operation.
At a glance
Funding available
- Integrate new technologies
- Develop a new product
- Optimize production processes
- No Condition
- Open continuously
Eligible candidates
- Agriculture, forestry, fishing and hunting
- MN
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- All groups
Activities funded
Eligibility
Eligibility criteria for this grant:
- Must be a Manitoba agricultural producer
- Applicants must meet specific requirements for each type of loan or guarantee
Who is eligible?
There are eligible types of companies for this grant. Agricultural producers in Manitoba are eligible for direct loans and loan guarantees to support their operations, including purchasing land, equipment, livestock, and more.
- Agricultural producers in Manitoba
Eligible expenses
Eligible expenses for this grant include purchasing land and buildings, equipment, breeding livestock, quota for supply-managed commodities, construction or renovation of farm buildings, consolidation and refinancing of debts, as well as expenses related to Alternate Energy, Comprehensive Refinancing, and Environmental Enhancement.
- Purchasing land and buildings
- Equipment expenses
- Breeding livestock costs
- Quota for supply-managed commodities
- Construction or renovation of farm buildings
- Debt consolidation and refinancing
- Alternate Energy expenses
- Comprehensive Refinancing costs
- Environmental Enhancement expenditures
Selection criteria
There are evaluation and selection criteria for this grant. The evaluation is based on the following criteria:
- Financial viability of the proposed project
- Economic impact on rural Manitoba
- Experience and qualifications of the applicant
- Collateral offered for the loan
- Environmental sustainability of the project
