🏠 | Nova Scotia | Orchard and Vineyard Loan

Orchard and Vineyard Loan

Amount:

no fixed amount

Type:

Loan

Description:

Work with a lender who thinks like a Nova Scotian grower. Whether you’re purchasing land, vines, trees or equipment, we’ll work with you to develop a loan structure that best suits your individual business needs.
Uses:
– Purchasing vines or trees
– Purchasing an existing operation
– Purchasing land
– Construction or expansion of processing buildings or facilities

Comments on Funding:

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

Deadline:

Continuous Intake

Eligibility:

Applications are considered from both existing producers and prospective farmers for a variety of projects including, but not limited to, farm acquisitions (i.e. farms as going concerns), land purchases, construction or improvement of buildings, and rural agri-businesses development.

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.