Young Entrepreneur Loan

By mmuise

FCC provides financing to young entrepreneurs under 40 to start or expand their business. They can purchase shares in, buy, or improve an agricultural or food-related business, and take their dream business to the next level.

Comments on Funding:

Funding is up to $1,500,000.
The applicant will pay interest and other fees, if applicable. There are no loan processing fees.

Deadline: Continuous Intake

Applicants must be:

  • entrepreneurs under 40,
  • involved in agribusiness and agri-food.
Application Steps:

Applicants must contact the FCC local Corporate and Commercial team for details.

Documentation Needed:

Applicants must:
1. generate a net worth statement,
2. collect past three years of tax returns or accountant-prepared financial statements,
3. gather recent pay stubs or written employer verification for off-farm income (if applicable),
4. bring government-issued photo ID (drivers license, passport),
5. collect shareholder agreements (if any),
6. assemble copies of existing operating loan agreements (if applicable),
7. build a business and marketing plan,
8. prepare and maintain a cash flow budget.

Other Things to Note:


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