🏠 | Nova Scotia | Agri-Processing Loan

Agri-Processing Loan

Amount:

no fixed amount

Type:

Loan

Description:

Your agri-processing business is unique, so is our financing. Whether you’re looking to develop a new idea or expand an existing business, we’ll work with you to develop a loan structure that best suits individual business needs.

Comments on Funding:

Funding takes the form of a loan, offering competitive interest rates, flexible payment options and amortization periods.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be primary producers;
2. be agri-food processors;
3. be agri-product processors;
4. be abattoirs and meat processing;
5. be commercial bakeries;
6. be wineries, breweries, distilleries and cideries;
7. be established in Nova Scotia.

Application Steps:

Applicants must complete the application form on their own, or call for a loan officer to assist or review it with them.

Documentation Needed:

Applicants must submit:
1.Loan Application Form
2. Joint Financing – FarmWorks Application Form
3. Income Statement Projection
4. Detailed Net Worth Form
5. Creditor Life Insurance Form
6. Certificate of Life Insurance

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.