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FAMILY FARM LOAN [1 record]

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Record 1 2000-10-19

English

Subject field(s)
  • Titles of Federal Government Programs (Canadian)
  • Loans
  • Agricultural Economics
OBS

The Family Farm Loan program from the Farm Credit Corporation (FCC) provides for a smooth, gradual transfer of farm assets from one generation to the next. The loans are not limited to family members only. Through the program, the FCC lends up to 90% of the appraised value of a property to the purchaser. The seller receives approximately half the funds on the sale and the balance in equal installments over a four-year period.

French

Domaine(s)
  • Titres de programmes fédéraux (Gouvernement canadien)
  • Prêts et emprunts
  • Économie agricole
OBS

Le Prêt agricole familial offert par la Société du crédit agricole (SCA) vise à assurer le transfert graduel et sans heurt de l'exploitation agricole d'une génération à la suivante. Le programme n'est pas réservé aux membres d'une même famille. La SCA prête à l'acheteur un montant pouvant représenter jusqu'à 90 p. 100 de la valeur d'estimation de la propriété. Le vendeur reçoit environ la moitié du montant au moment de la vente et le reste, en versements égaux étalés sur une période de quatre ans.

Spanish

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