Alternate Energy Loans
$4,750,000.00
Loan
Description:
MASC supports rural Manitobans in seizing new market opportunities by offering the Alternate Energy Loan program, which assists in the creation of projects such as smaller ethanol, biodiesel, biomass and wind operations. These loans will increase the amount of processing of agricultural products in Manitoba (grains for ethanol and oilseeds for biodiesel) and encourage environmental sustainable alternate energy sources.
Comments on Funding:
Loans are available up to a maximum of $4,750,000 for all borrowers.
Loan terms are available up to 25 years.
Interest rate is set at MASC’s prevailing rate.
There are no prepayment penalties.
Continuous Intake
Eligibility:
Applicants must be:
1. Manitoba residents who are at least 18 years of age
2. Canadian citizens or have lawful permanent residence status.
Application Steps:
Applicants must contact Service Centre:
https://www.masc.mb.ca/masc.nsf/contact.html
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
