Finance your needs, your way with FCC revolving, pre-approved loans.
- Funded by Canada's largest agricultural term lender.
- Administered by AgroSpray.
- Available to any client of AgroSpray.
- Easy process. Similar to most financial institutions.
- Approval turnaround time usually within 72 hours.
- Confidential, all information is protected under the Personal Information Protection and Electronic Documents Act (PIPEDA).
Benefits
- Purchase inputs, supplies, fuel, fertilizer, seed, feed – finance all your operating expenses
- Disburse funds and get account information online
- Immediate access to working capital
- Reduced paperwork and account reviews
- Revolve the loan with your production cycle
Features
- Pre-approved, revolving loan
- Open variable rate
- Ability to continually re-advance funds
- Interest-only payments available
- Monthly activity statements
- No margining requirements
ELIGIBILITY
All producers who are customers of AgroSpray, must be currently and actively engaged in the business of farming or agribusiness in Canada.
PURPOSE OF LOAN
May be used to finance purchases of crop input supplies from AgroSpray including: crop nutrition products, crop protection products, related parts, tool and equipment.
SECURITY
Advances will be secured by a Loan and Security Agreement, Promissory Note and General Security Agreement (GSA).
LOAN AMOUNT
Minimum $ 5,000; Amounts over $ 200,000 may require additional documentation and a more thorough review.