SituationalLoanOpen
FCC Young Farmer Loan
Farm Credit Canada · Federal
In plain language
FCC's flagship product for producers under 40 — up to $2M in farm financing at a rate 1.5 percentage points below FCC's standard variable, with no processing fees and a free AgExpert software bundle. Technically commercial lending (not a grant), but the concessional pricing and waived fees make it a deliberate federal policy instrument for generational renewal. Fits NL's aging farm demographic: new-entrant beef, sheep, dairy, and horticulture operators can finance land, stock, quota, and equipment. FCC offers a parallel Starter Loan (up to $75K for small start-ups) for those not yet farming full time.
Realistic range
$50,000 – $2,000,000
Avg award
$400,000
Max advertised
$2,000,000
Cost share
—
Accessibility
3 / 5
Effort
2 / 5
Deadline
Continuous intake
Repayable?
Yes
Who qualifies
Entity types
Sole Proprietor, Incorporated, Incorporated
Sectors
Agriculture
Regions
NL Wide
Demographics prioritized
Youth
What you'll have to report
Standard FCC loan servicing; farm financial statements annually.