Canadian Agra Financial, a member
of The Canadian Agra Group of Companies, is dedicated to providing
assistance in the form of loans to farmland owners. These loans are
structured and tailored to farmland owner community needs and provide
them with a value added option to help them manage their cash flow
and operations. The steps taken in granting farmland owners financing
or refinancing are as follows:
A Certified appraisal is conducted on the farm owner’s land
holdings. Based on this appraisal Canadian Agra Financial will issue
a loan up to 50% of the appraised land value. The loan terms are agreed
upon in the decision to issue the loan. A schedule is published on
a regular basis by Canadian Agra Financial detailing the loan rates
for periods of 1, 3, 5, and 7 years.
The farmer is required to place the land on a first mortgage basis
as security for the long term loan. To help farmers in their Cashflow
management, Canadian Agra Finance provides the farmer the option of
different loan repayment terms, for example, payments made semi annually
rather than on a monthly basis.
Canadian Agra Financial
is dedicated to working with its customers and helping them progress
and maintain a profitable operation. It understands agriculture and
farming and helps provide farmers with the safety and security of
dealing people who know their business and who they trust.