Advancing Clean Technologies
no fixed amount
Loan
Description:
The Farm Loan Board is supporting the Advancing Clean Technologies for Nova Scotia program delivered by the Nova Scotia Department of Agriculture. This program supports the adoption of clean technologies for Nova Scotia farms and agribusinesses to mitigate the effects of climate change.
Comments on Funding:
Successful loan applicants will be eligible for a 0.50% interest-rate reduction on the entirety of the loan for eligible projects.
Continuous Intake
Eligibility:
Applicant must be:
1. eligible and approved for funding under the Advancing Clean Technologies for Nova Scotia program.
2. Funding received from the Nova Scotia Department of Agriculture is to be assigned to the Farm Loan Board.
3. eligible for FLB financing and satisfying all other lending criteria.
Application Steps:
Applicants must complete the application form on their own, or call for a loan officer to assist or review it with them.
Documentation Needed:
Applicants must submit:
1.Loan Application Form
2. Joint Financing – FarmWorks Application Form
3. Income Statement Projection
4. Detailed Net Worth Form
5. Creditor Life Insurance Form
6. Certificate of Life Insurance
Other Things to Note:
About the author
Maurice
