Financial
The following are the most common sources of financing for agriculture producers and business. JEDI can further assist with financial planning and sourcing relevant partners for all financing categories.
Financial
Conventional Lending/Debt Financing
Banks, credit unions and public financial institutions are commonly used by producers and agricultural business as a source of financing. The most common financing instruments are lines of credit, operating loans, capital loans and mortgages. For certain loans, financial institutions may require a business plan before loaning money. These business plans commonly consist of financial statements, marketing, project capacity and risks, and may require a personal statement of net worth from the owner. The lender will analyze your plan and determine what risk it represents. This type of lending typically requires some form of security in the form of business assets or a personal guarantee from the business owner(s).
Provincial and Federal Lending Agencies
The Agriculture Financial Services Corporation (AFSC) is the financial lending arm of the Alberta Government that provides farm loans and crop insurance. For more information on this organization, see our Financial section in Resources & Data.
Farm Credit Canada (FCC) is the financial lending arm of the Canadian Government that provide farm loans for crop inputs, livestock farm transfers and general farm loans. For more information on this organization, see our Financial section in Resources & Data.
Government Agriculture Grants
There are a large number of provincial and federal grant programs available to both agricultural producers and agricultural companies. They assist in in various areas of agriculture for individual farmers and agriculture companies. To access information on these grants, go to our Grants section or look at the following: