Our Young Farmers Loan and Incentives Make it Easier to Grow Your Business
Farms are foundational. They’re a valuable part of local communities and the bedrock of Canadian agricultural commerce. If you’ve ever had your crops sold for export, or know a farmer who has, you’ve seen the international value farms hold, too.
While farms are critically important, it’s not always easy to get one up and running. You have the knowledge and experience to lead a successful agricultural operation, of course. However, you may not have the funding needed to pay for land, equipment, storage, payroll, and other key needs.
Whether you’re starting a farm from scratch or taking over an existing one, Innovation is here to help. Our young farmers program offers wide-ranging support for the key needs of your business. We’ll make it easier for you to build a resilient and sustainable farming operation.
Young Farmers Loans & So Much More
We extend preferred loan rates to young farmers, although that’s only part of our broader incentive program. While the specifics can vary, the intent and purpose always remain the same.
A lower young farmer loan interest rate means accessing the funds your business needs while lowering the total amount owed. Reduced interest rates mean more money can go back into your farm.
With lower fees, you can save even more. Enjoy waived service package fees for the first 12 months, and no application fee on the first $1.5 million of total combined debt.
With specialized young farmer financing and support, you can also access preferred AgriInvest deposit rates. That’s one more way to strengthen your business financially — and all you need to do is choose Innovation as your banking partner.
Get Started With the Young Farmers Incentive
Want to take advantage of lower interest rates, preferred deposit rates, pre-approved mortgages — and benefits all of our members enjoy, like cash dividends for everyday banking? Apply for your loan now!