Nova Scotia Farm Loans - Nova Scotia - Canada

Closed

Source verified August 3, 2026

Nova Scotia Farm Loans

Flexible financing for Nova Scotia agriculture

Offered by

Government of Nova Scotia

Official source: nsfarmloan.ca

Latest source update

Last Update: June 12, 2026

Latest change: The Season Extension page now shows broader financing for farm projects, with eligibility and funding terms updated from the previous program-linked version.

View change

Season Extension financing updated

The Season Extension content now describes broader financing for season extension projects rather than the earlier program-linked version. Eligibility has shifted from Horticulture Nova Scotia participation to new and existing farm businesses, and the listed project types have been expanded to a wider set of infrastructure and equipment. The previously shown 0.50% interest-rate reduction is no longer present, and the page now presents general financing terms instead. Other pages in the program look stable, with no visible changes to dates, deadlines, or contact details.

Funding available

$ 500,000

Deadline

Closed

Location

Nova Scotia, Canada

Who can apply

Existing producers and prospective farmers.

See full eligibility

Overview

Nova Scotia Farm Loans provides financing through the Nova Scotia Farm Loan Board for agricultural and agri-food businesses across Nova Scotia. The program supports land purchases, modernization, succession, and other farm-related projects with flexible lending options and competitive rates.

Find open grants for your business

Explore open funding programs that match your business and project.

At a glance

Funding available

Financing goals

Develop strategic partnerships
Develop a new product or service
Complete an acquisition or business transfer

Eligible Funding

Maximum amount : 500,000 $

Funds Providers

Eligible candidates

Eligible Industries

All industries

Location

Nova Scotia

Legal structures

For-profit business
Sole proprietorship

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

Indigenous Peoples
Persons with Disabilities
Newcomers to Canada
Black Canadians
Women

Next Steps

Determine your project

Validate your eligibility

Activities funded

Farm acquisitions and land purchases.
Construction or improvement of buildings and facilities.
Rural agri-business development and ownership transitions.
Equipment financing, including processing equipment.
Season extension infrastructure and value-added development projects.

Documents Needed

Full personal or business tax returns or financial statements for the last 3 years.
Notice of Assessment issued by the Canada Revenue Agency and two pieces of current government photo ID.
Signed Application for Financing form signed by all applicants and shareholders, plus shareholder agreements if applicable.
Electronic Funds Transfer form and void cheque for pre-authorized debit.
For asset purchases or major renovations: Purchase & Sale Agreement and/or quotes or invoices from the supplier; for new ventures or expansions: detailed business plan with financial projections; for existing businesses or shares: company financial statements for the past 3 years and confirmation from Canada Revenue Agency that there are no accounts owing.

Official resources

Official page

Products

Program guide

Accessible Futures Loan (2026)

Agri Value Development Loan

Beef Industry (2024)

Application form

Application for Creditor Life Insurance

Application for Financing

Supporting document

Farm Financial Information Summary

How toapply for one of our loans.

Net Worth Statement

Eligibility

Who is eligible?

Existing producers and prospective farmers.
Farmers, producers and agri-businesses.
New or developing businesses with linkage to local agriculture.

Who is not eligible

Projects involving cannabis

Eligible expenses

Land, buildings, equipment, quota, and upgrades.
Land improvements, development, clearing, drainage, fencing, access roads, and water access.
Surveys, appraisals, environmental assessments, and legal fees.
Livestock purchases.

Ineligible Costs and Activities

Insurance, operating costs, and property taxes or fines.
Non-agricultural properties.
Purchases deemed not necessary for operation.
Multi-purpose equipment such as trucks and ATVs.
Projects involving cannabis.

Eligible geographic areas

Nova Scotia

How to apply

Submit the completed Application for Financing to the Truro Office, the Kentville Office, or FLBNS@novascotia.ca.

Processing and Agreement

Applications are processed on the basis of a security appraisal, an assessment of the farming program, and a review of the completed application forms.
Supplementary information may be required based on the situation under review, including business plans.
Once a completed application and supporting documentation is received, the goal is to provide an initial follow-up within 10 business days.
The approved choice is documented through a Commitment Letter and Credit Agreement that outline the terms, conditions and security for the loan.
Successful applicants enter into a lease or financing agreement and must comply with the applicable program guidelines and application form.

Contacts

FLBNS@novascotia.ca

902-893-6506

Frequently Asked Questions about the Nova Scotia Farm Loans Program

What is the Nova Scotia Farm Loans?

How much funding can be received?

Nova Scotia Farm Loans Funds up to $500,000 of admissible expenses.

Who is eligible for the Nova Scotia Farm Loans program?

To be eligible for the Nova Scotia Farm Loans program, you must: Existing producers and prospective farmers may apply. Projects can include farm acquisitions, land purchases, building work, and rural agri-business development.

What expenses are eligible under Nova Scotia Farm Loans?

Farm acquisitions and land purchases. Construction or improvement of buildings and facilities. Rural agri-business development and ownership transitions. Equipment financing, including processing equipment. Season extension infrastructure and value-added development projects.