Agricultural Equipment Financing Sources
In Canada, farmers and agricultural value added processors have the advantage of not only having the traditional banking sources but also several government sources as well.
The government got involved to stabilize the farm economy in times of drought and recession when the major banks were famous for their quick exits when time get tough.
But over time, these lenders of last resort have become main line sources of Agricultural Equipment Financing as well as real estate financing, making the funds previously provided by chartered banks to be less critical to the overall stability of the farm economy all across the country.
