Loans and loan guarantees to purchase or start a farm in NB

Government of New Brunswick, Department of Agriculture, aquaculture and fisheries - New Entrant Farmer Loan Program

Type of Funding

Loan

Max Funding

750,000.00

Region

Provincial

Application Difficuty

Complex

Processing Time

Slow (A few months)

Province

New Brunswick

Industry

Agriculture and agri-food and Forestry/fishing and hunting.

Funding Goals

Start or acquire a new business.
Buy or lease equipment or real estate/property.

Demographic

N/A

Incorporated

No

Contact

DAAF-MAAP@gnb.ca

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

Details

Financial assistance to purchase and develop a farming business in New Brunswick. Also start a farm, purchase shares in a farming operation or land for farming.

Eligibility

New entrants, defined as someone who has owned a farm for five years or less, are eligible for lower interest rates and equity requirements.

Similar funding programs

Loan
Financing solutions for the purchase of new or used equipment for your business. Up to 125% financing to cover the purchase cost and related expenses.
Max Funding N/A
Government of Canada, Business Development Bank of Canada - BDC - Equipment Purchase Financing
Loan
Financial assistance for land, buildings, leasehold improvements and purchases of new or used equipment.
Max Funding $1,000,000.00
Government of Canada, Innovation, Science and Economic Development Canada - Canada Small Business Financing Program
Loan
Agricultural Development Board purchased land and then leased for 6 years for agricultural purposes. Entrepreneurs must purchase the land from ADB at the end of 6 years. Options to start a farm, purchase shares in farming businesses or land for farms in NB also available
Max Funding N/A
Government of New Brunswick, Department of Agriculture, aquaculture and fisheries - New Land Purchase Program

©2019-2023 FundingHQ powered by VerticalWave

Log in with your credentials

Forgot your details?