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Industry Development Programs: Livestock Incentive Loan Program

Amount:$75,000.00 Type of Program:Loan & Loan Guarantee Description:The Livestock Incentive Loan Program provides loans to financial institutions for New Brunswick farmers purchasing and raising livestock. It also provides guarantees to financial institutions for approved livestock purchases. Comments on Funding:Funding takes the form of loans of up to $75,000.The program guarantees up to 90% of loan, at…

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Industry Development Programs: Agriculture Loans

Amount:No Fixed Amount Type of Program:Loan Description:The Department of Agriculture, Aquaculture and Fisheries (DAAF) provides repayable loans to promote development of the agriculture sector as a complementary lender. Clients interested in a DAAF loan must first seek financing from a private lender. DAAF’s loan program may then be available to help fill the gap between…

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Industry Development Programs: Agriculture Loan Guarantees

Amount:No Fixed Amount Type of Program:Loan Guarantee Description:The Department of Agriculture, Aquaculture and Fisheries (DAAF) provides loan guarantees to promote development of the agriculture sector as a complementary lender. Clients interested in a DAAF loan guarantee must first seek financing from a private lender.Comments on Funding:There is a loan guarantee fee of 1.5 % of…

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Fisheries Loans

Amount:No Fixed Amount Type of Program:Loan Description:The Fisheries Loans provide financial assistance in the form of loans to new or existing commercial fishers for the purchase of fishing licenses, quotas, engines or equipment related to fisheries, new or used vessels or for making major repairs to the hull or engine of a vessel. The Department…

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Fisheries Loan Guarantees

Amount:No Fixed Amount Type of Program:Loan Guarantee Description:The Fisheries Loan Guarantees provides loan guarantees to New Brunswick fishers and sea farmers for the purchase of fishing licenses, quotas, engines or equipment related to fisheries, new or used vessels or for making major repairs to the hull or engine of a vessel. The program is designed…