“The Farm Loan Board was
interested in helping the farmer.”
- Derek MacNeil, Barraville Holsteins

“They get to know you and your business;
see it first hand and understand your challenges.”
- Ian Tuttle/Ruth Tuttle, Cumberland County, NS

“The Nova Scotia Farm Loan Board
has given me the tools I need to be successful.”
- Luke denHaan, Annapolis Valley, NS

“The Farm Loan Board
is more understanding of what we were doing
in this sector and understood what I was trying to do.”
- Glenn Dodge, Bent Ridge Winery Ltd.

“Van Meekeren Farms chose to obtain financing
from the Nova Scotia Farm Loan Board
because they understand the financial needs of
agricultural businesses, and have a suite of products
available to meet those needs.”
- Stephen Van Meekeren, Van Meekeren Farms Ltd.

“The biggest difference between the
Nova Scotia Farm Loan Board
and other lenders is the products they offer are better suited
to agriculture - they understand agriculture.”
- Michael Lightfoot, Kings County, NS

Nova Scotia Farm Loan Board

Lending Products

We can help improve the viability of farm operations in Nova Scotia.

Fast Tracktor – Equipment Financing


The Fast Tracktor authorization is an equipment purchasing loan. The loan option provides an equipment loan for clients requiring new or used equipment to sustain their operation. This loan product is designed to make the buying decision easier and to allow clients to take advantage of opportunity buys, such as manufacturer sales or auction events.

The preapproved product is set up and individual draws are then termed out for a period that matches the life expectancy of the individual piece(s) of equipment purchased. The equipment loan eventually ends up as a number of term loans with scheduled principal and interest payments. No new loan application would be required with the set up of the scheduled term repayment plan. When the Fast Tracktor authorization is fully utilized a new application would be required to renew the equipment line.


The Fast Tracktor will take the pressure off the buying decision and last minute financing arrangements

The product is designed primarily for existing NSFLB clients who have real estate mortgages currently in place with the Board; or new clients who are willing to provide the Board with real estate security in addition to the purchased equipment.

The repayment plan will be determined at the time that the draw transitions from a loan to a term equipment loan. The client will have the choice of monthly, semi-annual or annual payments.

The amortization will depend on the life expectancy of the equipment. Normally equipment amortizations wouldn't exceed 10 years.

Fixed term interest rates may be applicable in certain cases depending on risk rating score and security available.


Loan to Value not to exceed 70%

The Fast Tracktor line of credit would be secured by real estate; quota; equipment and applicable personal and corporate guarantees. The security may take the form of a Collateral Mortgage, Continuing Collateral Mortgage or General Security Agreement.

Other Products

  • Fixed Farm Mortgage

    Fixed rate interest for the full amortization period, from 1-30 years.

  • Term Farm Mortgage

    Term rate financing for 3-5-10 Term Options with 1-30 year amortizations.

  • The Quota Loan

    The Quota Loan is for buying milk quota, egg quota, broiler quota, and turkey quota. Clients know that to grow production and keep a farm moving into the future, it takes a big roll of cash.

  • The Farm Debt Consolidator

    The Farm Debt Consolidator is used as a cleanup tool for short-term payables, stagnant operating debt, medium term loans, and restructuring of long-term debt with other lenders.

  • Deferred Product Options

    A deferred loan structure has been developed for general cash flow situations that require a principal deferment to help a farm manage its cash situation.

  • The “Jump Start” Program

    Jump Start program is designed for new entrant farmers. In combination with the Provincial FarmNext plan this program can give a new farmer a real boost to get his or her farm life off to a great start.

  • “Fast Tracktor” - Equipment Financing

    The Fast Tracktor loan authorization is an equipment purchasing line of credit. The loan option provides a preapproved equipment line of credit for clients requiring new or used equipment to sustain their operation.

  • Cattle and Sheep Deferred Financing

    Deferred financing offers flexible lending terms including payment deferrals that will complement the Nova Scotia Cattle and Sheep Industry Development Program. With the deferred lending option, applicants can purchase cattle and sheep when revenues from the investment would not be seen for approximately two years.

  • Wild Blueberry Business Enhancement Loans

    The Wild Blueberry Business Enhancement program aims to increase wild blueberry production in Nova Scotia through efficiencies and land expansion by providing lending options for equipment, purchase and improvement of existing land, and new site development.

Nova Scotia Farm Loan Board
Nova Scotia Farm Loan Board
Truro - Head Office

74 Research Drive
Bible Hill, NS B6L 2R2

Tel: 902-893-6506
Fax: 902-895-7693

Kentville - Field Office

Kentville Agricultural Centre
32 Main Street
Kentville, Nova Scotia, B4N 1J5

Tel: 902-679-6009
Fax: 902-679-4997