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Government of Manitoba, Manitoba Agricultural Services Corporation
Loans for Manitoba agricultural producers
Helps businesses and production operations get loans with good terms and rates. This support makes it easier to finance their activities.
MASC provides direct short, intermediate, and long-term financing with reasonable interest rates to eligible agricultural producers in Manitoba. These loans can be used for purchasing land, buildings, equipment, breeding livestock, quota, constructing/renovating farm builds (including homes), and consolidating/refinancing debts. They feature no loan prepayment penalties and flexible interest rate options. Additionally, MASC offers loan guarantees to add security to higher-risk agricultural loans from private-sector financial institutions. Specific programs include the Bridging Generations Initiative for young farmers (under 40) for inter-generational asset transfers with flexible financing and rebates, and Stocker Loans for short-term financing of feeder cattle and lambs (with potential interest rebates if Livestock Price Insurance is purchased).
Business Size: small, medium
Industries: agriculture
Region: Manitoba, rural Manitoba
Demographics: youth
Other Criteria: agricultural producers, eligible Manitoba agricultural producers, farmers under the age of 40 (for Bridging Generations Initiative), seeking inter-generational transfer of assets (for Bridging Generations Initiative), purchasing feeder cattle or lambs (for Stocker Loans), retaining feeder animals (for Stocker Loans)
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This program is available to small, medium businesses in agriculture industries located in Manitoba, rural Manitoba.
Contact the program administrator for funding details.
This program accepts applications on a rolling basis.
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