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Small Business
Industry Solutions
Agriculture
Credit Line for agriculture
Term Loan for agriculture
Farm Improvement Loan (FIMCLA)
Scotia Farm Mortgage Loan
Scotia Farm Legacy Services
 

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Farm Improvement Loan (FIMCLA)

Staying profitable involves improving or expanding your business to keep abreast of new technologies. The Farm Improvement Loan answers your call with cost-effective, flexible term financing for farm assets including machinery, equipment, buildings or land. These loans are tailored for the agricultural producer and include:
  • payment terms to match seasonal cash flow
  • fixed or floating interest rates
  • no penalty pre-payments (floating rate loans only)
  • easy application process

Your Farm Improvement Loan is government guaranteed under the Farm Improvement and Marketing Cooperatives Loans Act (FIMCLA).

   Take the next step...

Apply using our online application, if:
 you are requesting an amount up to $50,000
 you have been in business two years or more

Apply in person at a Scotiabank branch, if:
 you are requesting an amount over $50,000
 you have been in business less than two years

ContactSmall Business advisor

Call us at 1-877-552-5522

¹ Subject to credit approval, requirements and security provided.



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