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Agriculture Services

Dairy Term Loan


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:

  • $25,000 and up.

For more information, visit any TD Canada Trust branch.

Protection for your agricultural loans

Business Credit Life Insurance1 can help meet the financial obligations of your business should a person who is key to the success of your business die or suffer a covered accident. Learn more about protecting your business.

1 Business Credit Life Insurance provides group life coverage, underwritten by Sun Life Assurance Company of Canada and accident coverage, underwritten by TD Life Insurance Company. Complete details of benefits, exclusions and limitations are contained in the Certificate of Insurance.