Orchard and Vineyard Business Loan

By mmuise

The Farm Loan Board works with farmers, producers, and agribusinesses to develop a loan structure that best suits their individual business needs, whether purchasing land, vines, trees, or equipment and for the construction or expansion of processing buildings or facilities.

Comments on Funding:

Funding takes the form of a loan, offering competitive interest rates, flexible payment options and amortization periods.

Deadline: Continuous Intake

Applicants must:

  • be farmers,
  • be prospective farmers;
  • be existing producers;
  • be agri-businesses;
  • be established in Nova Scotia.
Application Steps:

1. Applicants must complete the application form on their own, or call for a loan officer to assist or review it with them.

2. Applications are processed on the basis of a security appraisal, an assessment of the farming program and a review of the completed application form.

Documentation Needed:

Applicants must submit:
1. a full Personal / Business Tax Returns or Financial Statements for last 3 years of the loan
applicant as well as shareholders and guarantors;
2. a copy of your Notice of Assessment issued by the Canada Revenue Agency;
3. a copy of two pieces of current government photo ID (birth certificate, driver’s license, etc.);
4. a signed Application for Financing form signed by all applicants and shareholders;
5. If applicable, a copy of any shareholder agreements;
6. Electronic Funds Transfer form and void cheque for pre-authorized debit;
7. Consent Agreement – optional.

Additional documentation in case they are applying for the purchase of assets or major renovations (land, buildings, equipment, quota, upgrades, etc.):
1. Signed Agreement of Purchase and Sale; or
2. Quotes or invoices from supplier.

Additional documentation in case they are applying for a new business venture/expansion:
1. Detailed business plan with financial projections (income and

Additional documentation in case they are applying for the purchase an existing business, or the shares of a business:
1. Company financial statements for the past 3 years;
2. Confirmation from Canada Revenue Agency that there are no accounts owing.

Other Things to Note:


About the author