La Financière agricole du Québec
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Aspiring Farmers > Protection Against Interest Rate Hikes >
Protection Against Interest Rate Hikes
To guard against hikes in interest rates
The Secure Rate Establishment Loan ensures protection against interest rate hikes.
La Financière agricole reimburses the company all interest amounts that exceed the capped rate, for the first five years after the establishment.
The assistance applies to the first $500,000 of your loan and takes into consideration any amounts already awarded such as company grants.
Training leval | With seller-lender formula, the rate is capped at: | With a financial institution, the rate is capped at: |
|---|---|---|
Level 1 | 4% | 5% |
Level 2 | 5% | 6% |
Level 3 | 5% | 6% |
Without recognized training | 6% | 7% |
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Last modification of this page : 2010-05-17
© Gouvernement du Québec,
2010