Conexus Credit Union has launched a new fund aimed at supporting farmers looking to buy land, livestock, equipment, or buildings. The $100 million Ag Grow Fund offers discounted interest rates, no application fees, and no age limit restrictions.
“Conexus is dedicated to empowering ag producers to achieve what matters to them,” says Conexus chief growth officer Garnett Volk. “We have designed this fund specifically for Saskatchewan producers and their operations.”
More highlights of the Ag Grow Fund include:
- Discounted interest rates for new fixed-rate term loans and mortgages
- No application fees with the exception of Canadian Agricultural Loans Act (CALA) loans and mortgages
- No maximum age restrictions.
- Funding of up to $2 million per producer
The Ag Grow Fund is not available for refinancing. Ag producers can learn more and book an appointment with a Conexus Ag Advisor.
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