Opening a line of credit can help you meet financing needs for your operating expenses.
- Lines of credit of up to $500,000, for up to five years, renewable;
- Interest rates that never go above the prime rate plus 1%.
The line of credit may be used for:
- Farm-related operating costs;
- Payment of capital or interests on a loan;
- Costs related to additional agricultural training with the aim of obtaining Level 1, 2 or 3 training for farmers at the establishment stage.