Purpose
Loans are primarily intended for, but not limited to, Beneficial Management Practice (BMP) projects with significant costs associated with the construction, improvement, or relocation of farm operation infrastructure, e.g. manure storage, handling and composting, farm yard run-off control, and relocation of livestock facilities.
The program offers up to 100 per cent project financing upfront to cover the producer share of costs, and advances any money to be issued by the federal and/or provincial programs through cost sharing agreements.
Qualifications
Applicants must be Manitoba residents who are at least 18 years of age and Canadian citizens (or have lawful permanent residence status).
Terms and Conditions
- Loans are available up to $150,000.
- Terms are available for up to 15 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% |
