Business & Agriculture

• Borrow up to 75% of the appraised value or purchase price (whichever is less)

• 1-5 year term options

• Up to 25-year amortization

• Fixed or variable repayment options

• Competitive interest rates

• Prepayment flexibility

• For new builds – optional monthly interest only payments during construction (up to one year)

• Optional and affordable life, disability, loss of employment and critical illness insurance coverage to protect your investment

Purchase options:

• Purchase farm real estate, livestock (breeding herd) and farm equipment (including repairs)

• Construct farm buildings

• Purchase crop storage condominiums

• Consolidate certain types of debt

• Supplement a farm's energy use with power from renewable sources

Features:

• Up to 80% of required capital for eligible business assets, therefore a smaller down payment of 20% is required

• Maximum term of 15 years

• Flexible repayment options

• Variable interest rates

• Expenditures made within 60 days before the day on which the loan is disbursed are eligible for financing

• No minimum borrowing requirement, with the maximum loan amount set at $1,000,000

• Maximum line of credit is $150,000

• Up to 100% financing for eligible business-related assets

• Fixed or variable rates

• Flexible repayment options

• Amortizations of up to 15 years

• Expenditures and assets purchased up to 365 days prior to the loan approval date are eligible for financing