Lending Products
We can help improve the viability of farm operations in Nova Scotia.
Life Insurance
Life Insurance is available to most clients and is a requirement of your loan. Life insurance may be obtained through the Board's Creditor Group Life Insurance policy with Sun Life Assurance, or privately.
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.
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