Manitoba Agricultural Services Corporation
The Manitoba Agricultural Services Corporation (MASC) supports the hog sector in Manitoba with its Direct Loans and Diversification Loan Guarantee programs.
MASC’s Direct Loans are available for up to $3.5 million, and can be used for the purchase of farm production buildings, breeding livestock, operating expenses and more. MASC offers attractive fixed and renewable interest rates on Direct Loans, with no penalties for early repayment.
MASC’s Diversification Loan Guarantee program can help hog producers overcome equity or security shortfalls when applying for loans to expand or diversify their hog operations. By guaranteeing a significant portion of a loan, MASC can help make your application more satisfactory to participating private sector lenders in Manitoba. MASC does not cap the maximum principal that can be guaranteed for this program.
MASC also offers an Operating Credit Guarantee on lines of operating credit made to producers by participating private sector lenders, which can be used for general farm expenses, interest payments on existing loans and more.
For more information about MASC and its lending programs and guarantees, visit www.masc.mb.ca.