Attractive interest rates: Advantage Plus

By participating in the Financing Program, you will enjoy an interest rate already negotiated with the financial institution of your choice. Moreover, as with any other loan, you can choose between a fixed or variable rate.

The fixed rate is based on residential mortgage rates, to which a discount varying from 0.30 to 0.60 may be added, depending on the term chosen (French). The term may be for a period of one, two, three, four, five or seven years.

The variable rate is based on the prime rate¹.

Protection against interest rate hikes

La Financière agricole offers two kinds of protection against hikes in interest rates.

To be eligible for that protection, 60% of the company's interests must be held by individuals practising agriculture full time.

Preferred Rate for first $500,000 of the loan
For all your projects, La Financière agricole repays half of all interest payments in excess of 8%. The Preferred Rate is granted for the first $500,000 borrowed by the company.

An attractive rate for development projects (Secure Rate Development Loan)
The Secure Rate Development Loan is granted on the first $500,000 the company borrows for a development project. By combining the Secure Rate and the Preferred Rate, La Financière agricole repays, for five years, all interest in excess of 8%.

¹ The lowest interest rate granted by banks taking into account a certain number of factors.