Farms.com Home   News

FCC Offering $500,000 Credit Line to Farmers

Farm Credit Canada (FCC) is offering an unsecured credit line up to $500,000 with loan processing fees waived to help producers, agribusinesses and agri-food operations with their immediate cash flow needs, a May 23 news release said.

“As a lender solely dedicated to the agriculture and food industry, we understand how this period of elevated costs has put pressure on some customers,” Sophie Perreault, FCC chief operating officer, said in the release. “While the current experiences of individual operations within the different agriculture and food sectors are varied, we hope those who identify with these challenges will use this credit line as an opportunity to work through their current position and build back stronger than before.”

The release noted that viable operations that have been significantly affected by the current economic environment are encouraged to reach out to FCC for support.

Click here to see more...

Trending Video

Nikian Virtual Field Day

Video: Nikian Virtual Field Day

For 10 seasons, Niki Clark and Ian Curry have been cultivating paddy rice at NIKIAN Farm in Granville Beach, Nova Scotia. A highly adaptable and resilient crop, paddy rice is well suited for small acreages and gardens, and represents a healthful and ecological solution to community and family food security. In this video, Niki and Ian talk about the varieties they grow, take us through two kinds of harvesting, and introduce and demonstrate the equipment they use for harvest and processing of the crop.