Amount:
No Fixed Amount
Type of Program:
Loan
Description:
The Jump Start program provides beginning Nova Scotia commercial farmers both the classic Farm mortgage for the purchase of real estate and the Deferral Options packages that may be needed to support any operating requirements.
Comments on Funding:
The applicant will pay interest and other fees, if applicable.
This program can be combined with the Provincial FarmNext plan.
The Jump Start is typically secured by real property, livestock, quota, equipment and applicable guarantees. Loan to Value not to exceed 90%.
When It Ends:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
Application Steps:
Applicant must:
Applicants must complete the application form on their own, or call for a loan officer to assist or review it with them.
Applications are processed on the basis of a security appraisal, an assessment of the farming program and a review of the completed application form.
Documentation Needed:
Applicants must submit:
Applications are processed on the basis of a security appraisal, an assessment of the farming program and a review of the completed application form.
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