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Flexible Financing
One of the hardest parts of starting a business is finding the capital to pay for it. Without a proven track record or a hefty down payment, a young farmer might not find reasonable cost financing to buy a farm.
As part of MASC's primary lending objective, the Bridging Generations Initiative (BGI) offers flexible financing to young farmers to assist them through the critical purchase and start-up period of farm operations.
Under the BGI program, a young farmer aged 18 to 39 years of age can opt for either:
- 90% financing, significantly reducing the down payment required for the purchase of a farm, or
- 5 years of interest-only payments, which eases the young farmer's cash flow pressures while an enterprise is being established
For more information about the terms and conditions of MASC Lending, please read through the Direct Loans and BGI pages, or visit your local MASC Lending office.
