Scotia Flex for Agriculture
no fixed amount
Leasing, Loan, Loan Guarantee
Description:
The Scotia Flex for Agriculture is designed for eligible farm businesses to customize their farm financing needs with multiple credit products under one global credit limit.
Comments on Funding:
Farm businesses can borrow up to 80% of their real estate’s current market value and turn their farm equity into a valuable asset.
Farm businesses must apply once to establish their global credit limit. Then choose from multiple borrowing products including:
1. Credit Line for agriculture;
2. Term Loan for agriculture;
3. Scotia Farm Mortgage Loan;
4. Equipment Leasing;
5. VISA Business Card Program;
6. Import Letters of Credit;
7. Export Letters of Credit;
8. Letters of Guarantee.
Rolling deadline
Eligibility:
Applicants must:
1. be farm businesses;
2. want more control over their borrowing;
3. want ultimate flexibility.
Application Steps:
For application details, applicants must speak to an Agricultural Banking Specialist.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
