🏠 | Nova Scotia | Quota Loan

Amount:

no fixed amount

Type:

Nova Scotia

Description:

The Farm Loan Board’s affordable quota loans are designed to match your operation’s cash flow so you can move forward with stable financing in place.

Deadline:

Continuous Intake

Eligibility:

Applicants must be:
1. existing producers, including:
a) Egg producers
b) Dairy producers
c) Broiler producers
d) Turkey producers
2. be farmers,
3. be agri-businesses,
4. be based 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.