Credit Lines: FCC Advancer Loan

Amount:

no fixed amount

Type:

Loan

Description:

The FCC Advancer Loan pulls out all the stops. It’s everything you need: a pre-approved, secured loan that continually re-advances funds as you grow your operation. And you’re in charge. You determine when you want loan funds disbursed to your account.

Comments on Funding:

Features:
– Purchase land, buildings, livestock, quota or other personal property
– Open variable rate

Ability to continually re-advance funds

Interest-only payments required with principal payments at your discretion

Ability to convert in whole, or in part, to a term loan with a fixed repayment schedule

Deadline:

Continuous Intake

Eligibility:

Applicants must be Canadian agriculture businesses.

Application Steps:

Applicants must contact a FCC representative for details. via call 1-888-332-3301 or email csc@fcc-fac.ca.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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