Enviro-Loan
Good environmental practices can be profitable in the long term. That’s what the FCC Enviro-Loan is about - use it to install a methane digester system so you can treat manure and convert it into useful energy, upgrade your manure storage handling facilities or develop buffer zones between crop areas and watercourses. Plus, you have the opportunity to defer principal payments to construct, improve or expand operations while implementing sound environmental practices that will help protect your farm for future generations.
Features
- pre-approved credit for financing any environment-related project or upgrade
- funds are available when needed
- principal payment is not required until the project is complete – for up to 18 months from the start of construction
- accrued interest during project construction can be capitalized back into the loan
- once the project is complete, the loan can be converted to any other FCC fixed rate loan
Benefits
- allows you to meet current and future environmental standards
- receive your loan funds when you need them – funds are disbursed on your timeline during construction, so you save money by reducing your interest costs
- manage your cash flow during construction to cover unexpected costs
- competitive rates and loan options after the project is finished mean you get the best financial package
Security
This loan is normally secured with real or personal property.
Repayment
- monthly, quarterly, semi-annual or annual payments
- variable rate
Insurance
Ask us about protecting your family and business with loan life and accident insurance.
Let’s talk
Is this the right loan for you?
- Apply for this loan now
- Find the nearest FCC office
- Call our Customer Service Centre at
1-888-332-3301
