Purpose
Loans can be used for construction, equipment purchases, and other approved capital costs associated with alternate energy projects such as ethanol, biomass, biodiesel, or wind energy.
Qualifications
- Applicants must be Manitoba residents who are at least 18 years of age and Canadian citizens or have lawful permanent residence status.
- Applicants do not have to be directly involved in farming.
- Loans are available for any qualified project located in rural Manitoba.
- The operation must be considered potentially viable and meet security requirements.
Terms and Conditions
- Loans are available up to a maximum of $4,750,000 for all borrowers.
- Loan terms are available for up to 25 years.
- Interest rate is set at MASC’s prevailing rate.
- There are no pre-payment penalties.
Lending Rates
Effective: July 3, 2025
Fixed Rates
Term |
Interest |
Monthly (Amortized payment per $1,000) |
Quarterly |
Semi |
|---|---|---|---|---|
1
|
4.800% |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
2
|
5.000% |
$43.85 |
$132.09 |
$265.82 |
5
|
5.250% |
$18.96 |
$57.13 |
$115.00 |
7
|
5.450% |
$14.32 |
$43.15 |
$86.88 |
10
|
5.650% |
$10.89 |
$32.84 |
$66.13 |
15
|
6.050% |
$8.43 |
$25.40 |
$51.18 |
20
|
6.400% |
$7.35 |
$22.16 |
$44.67 |
25
|
6.550% |
$6.73 |
$20.29 |
$40.92 |
Renewable Rates
1 Year |
2 Years |
3 Years |
4 Years |
5 Years |
|---|---|---|---|---|
4.800% |
5.000% |
5.200% |
5.350% |
5.500% |
