A single draw term loan for helping dairy farmers finance
capital assets, improve the economic viability of an existing farm
operation and acquire farm purchases such as quota. - A Dairy Term Loan may allow you to:
- finance expansion or acquisition of farm land,
- 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 monthly.
- Amortization periods are up to 15 years.
- A 10% prepayment is permitted annually on fixed rate
loans.
- Secured by quota or a combination of quota and farm real
estate
Amounts:
For more information, visit any TD
Canada Trust branch. |