Agriculture Financial Services Corporation (AFSC) Commercial Loans
Alberta Crown corporation loans up to $5 million for farm, agribusiness, and rural commercial businesses with competitive rates and flexible terms.
About this program
The Agriculture Financial Services Corporation (AFSC) is a provincial Crown corporation providing financing to farm and commercial businesses across Alberta, with a particular focus on agriculture, value-added agriculture, and rural businesses. AFSC offers term loans up to $5 million for land, livestock, equipment, buildings, and working capital, plus commercial loans for non-agricultural rural businesses. Loans are typically fixed-rate with terms up to 25 years for real estate. AFSC also provides hail, crop, and livestock price insurance, plus farm income disaster insurance — making it a one-stop resource for Alberta agricultural producers.
Eligibility
Alberta farmers, ranchers, agricultural producers, agribusinesses, and rural commercial businesses; demonstrated ability to repay; sufficient management ability and experience; project consistent with AFSC mandate.
Requirements
- Alberta business operation
- Business plan with cash flow projections
- Application through AFSC office