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Scotiabank — Term Loan for agriculture
Last Update: March 3, 2026
Canada
Flexible agricultural financing for land, equipment, and renovations
Loans and Capital investments
Overview
Scotiabank’s Term Loan for agriculture provides financing of up to $1,000,000 to support farm and agribusiness investment needs. Eligible activities include purchasing machinery, land and breeding stock, as well as building repairs or renovations (including financing for purchases made within the last six months of the loan application date).
At a glance
Funding available
Financing goals
- Renovate your business/factory
Eligible Funding
- Maximum amount : 1,000,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- $ 15,000,000 maximum revenue
Organisation size
- All organization sizes
Audience
- All groups
Activities funded
- Purchasing agricultural machinery.
- Purchasing agricultural land.
- Purchasing breeding stock.
- Completing building repairs.
- Carrying out building renovations.
Eligibility
- The applicant must be a business operating in the agriculture sector seeking a term loan for eligible purposes (e.g., purchasing machinery or land, buying breeding stock, or completing building repairs/renovations).
- The financing request may include purchases made within the last six months from the loan application date.
- The applicant must meet Scotiabank’s credit approval requirements (subject to credit approval and conditions).
- To apply online, the applicant’s business must have annual sales of up to $15,000,000.
- The loan may qualify as a government-guaranteed loan (where applicable).
Who is eligible?
- Agriculture businesses (farm and agricultural operations)
Eligible expenses
- Purchase of agricultural machinery and equipment.
- Purchase of land.
- Purchase of breeding stock.
- Building repairs.
- Building renovations.
How to apply
1
Contact Scotiabank
- Contact Scotiabank to discuss a Term Loan for agriculture
- Book an appointment or call 1-877-552-5522
2
Review eligibility criteria
- Confirm that your business annual sales are up to $15,000,000 to apply online
- Review the qualifying criteria via “How to apply for credit”
3
Submit the application
- Apply using Scotiabank’s online application (if eligible)
- Alternatively, apply with a Scotiabank Business Advisor in person
4
Await credit decision
- Wait for credit approval, as the loan is subject to credit approval and conditions apply
- Speak with a Scotiabank Business Advisor for details
Additional information
- Business Loan Protection may be available for this term loan.
- The loan may qualify as a Government-Guaranteed Loan (as referenced by Scotiabank).
Contacts
1-877-552-5522
