What is an Agriculture Term Loan?
Farm operations grow and evolve — and having the right financing behind you can make those big decisions easier. A term loan from Conexus helps you purchase equipment, buy land, expand your operation or invest in long‑term improvements that support your future success.
Whether you’re upgrading machinery, adding new technology or expanding your farm footprint, predictable payments and flexible terms give you the confidence to plan ahead.
Features
Predictable payments
A lump sum repaid over a set period at a fixed or variable rate.
A term loan provides a lump-sum amount that you repay over a set period at either a fixed or variable interest rate. It allows you to spread out the cost of large purchases, preserving cash flow so your farm can focus on growing — not slowing down.
Built for major purchases
Equipment, buildings, land, vehicles or major upgrades.
It’s ideal for long-term investments such as equipment, buildings, land, vehicles or major operational upgrades — the kind of purchases that move your operation forward for years to come.
Structured around your cash flow
Payments and terms tailored to ag cash flow cycles.
A term loan from Conexus gives your farm the confidence to take on bigger plans and choose a structure that fits your cash flow and long-term plans, with guidance from advisors who understand Saskatchewan businesses.
What you need to know before you apply.
Consider these key factors before applying for an agriculture term loan.
| Consideration | Details |
|---|---|
| Loan amount | Based on asset cost or project scope |
| Interest rate options | Fixed for predictability, variable for flexibility |
| Repayment schedule | Terms and frequency tailored to ag cash flow |
| Eligibility | May include financial statements, business history and collateral |
| Loan purpose | Equipment, land, buildings, technology, improvements |
Common questions.
Here’s what people ask us the most.
-
An Agriculture Term Loan can help finance eligible farm purchases and investments, such as equipment, land, buildings, livestock or other long-term assets needed to operate or grow your farm.
-
It may be a good fit for producers making a significant farm investment who want a structured repayment plan and predictable financing over a set period.
-
You receive an approved amount of financing upfront and repay it according to an agreed repayment schedule over the term of the loan. Your repayment structure can be designed around your farm's needs and cash flow.
-
A term loan provides a set amount of financing that is repaid over an agreed term. A line of credit provides revolving access to funds that can be borrowed, repaid and accessed again, making it better suited to ongoing or short-term cash flow needs.
-
The amount you may qualify for depends on your farm's financial position, the purpose of the loan, the investment being financed and lending requirements. A Conexus Agriculture Advisor can help determine an appropriate financing amount.
Wondering how much you can borrow? Let's find out together.
Our Ag Advisors can help you explore loan and line of credit options, understand your choices and find a solution that fits your goals and budget.
