Farm transfers: FCC Transition Loan
Change can be difficult, but transitioning your business doesn’t have to be. Discover financing and resources to support a successful transition.
Offered by Farm Credit Canada (FCC)
Amount
Transition loan with a disbursement period of up to 10 years, a customized payment schedule (up to 10 years) and interest-only payment options; buyers also get AgExpert Accounting Premium and AgExpert Field Premium for one year (a $499 value)
Quick eligibility check
Who can apply
Applicants must be looking to transfer farm assets or a young farmer looking to build your farm
About the funding
Flexible financing
Disbursement period of up to 10 years
Build equity fast
Accelerated principal payments save years and interest
Show all funding details
Free up funds
Optimize cash flow with interest-only payments
Beyond financing
Advisors, tools and support – we’re more than a lender
Key benefits for the seller
Receive full sale proceeds backed by a written Payment Schedule Guarantee.
Customized payment schedule (up to 10 years) makes the transaction more attractive to buyers and sellers.
Help the next generation take over without putting your money at risk.
Potential tax advantages when using capital gains reserve.
Key benefits for the buyer
No need for upfront capital for a down payment.
Improve cash flow or build equity (helping reduce interest and pay off the loan sooner).
Get AgExpert Accounting Premium and AgExpert Field Premium for one year (a $499 value).
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Advance Payments Program | Loan Guarantee, Loan | Up to $1,000,000 | Open |
| BDC Business purchase or transfer loan | Loan | No fixed amount | Open |
| BDC Commercial real estate loan | Loan | Typically starts at $100,000 and can go up to several million dollars | Open |
| BDC Growth & Transition Capital: Buying a Business | Loan | Financing from $250,000 to $35M, repaid over 3 to 8 years, with capital payments postponed for the first 12 months | Open |
