Agriculture Services

Long Term Farm Loan

Agriculture loans provide flexible, medium to long term loans aimed at helping full and part-time farmers finance capital assets or improve the economic viability of an existing farm operation.

• A Farm Mortgage may allow you to:
  • finance expansion or acquisition of farm land,

  • purchase farm equipment,

  • renovate or construct farm buildings,

  • improve farmland,

  • acquire quota, or

  • restructure existing capital.
• Floating and fixed rate loans are offered in terms from 6 months to 5 years (up to 10 years upon request, some restrictions may apply). Payments may be made monthly, quarterly, semi-annually or annually

• Interest is compounded semi-annually.

• Amortization periods are up to 25 years on new land purchases and 15 years for other purchases.

• A 10% prepayment is permitted annually on fixed rate loans.

Amounts:

• $25,000 and up.

For more information, visit any TD Canada Trust branch.