Farm Credit Canada is launching a new loan for young farmers.
The FCC’s Starter Loan is a $50,000 max loan aimed at farmers aged 18 to 25, just getting started in the industry, to build credit and buy livestock, equipment, or buy shares in a farm.
Young producers interested in applying for the loan should get in touch with their local FCC office. Young farmers who successfully apply for the loan also get access to AgExpert Accounting Premium, FCC’s $400/year farm accounting software, for free for five years.
Farm Credit Canada is a federal crown corporation and Canada’s largest agricultural term lender.