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.
Buy or lease equipment or real estate/property.
Demographic
N/A
Incorporated
No
Contact
DAAF-MAAP@gnb.ca
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
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.
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