Loan · repayable

Farmland Financing Program

Government of Prince Edward Island, Finance PEI · Prince Edward Island

OpenAgri-Food
Funding
80% of costs
Covers 80% of eligible costs, no stated dollar cap
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Loan · repayable
Covers up to 80% of eligible costs
Company stage
SME

Overview

Term loan from Finance PEI to finance up to 80% of the purchase price of a maximum of 450 acres of farmland in Prince Edward Island, with either interest-only payments for five years at prevailing rates or a fixed 6% interest rate over a five-year term with blended payments. Financing applies to farmland only; woodland, barns, other structures and equipment are excluded.

Who can apply

  • Farmers with an acceptable combination of five years post-secondary education in agriculture and/or farm work experience
  • viable business venture with annual sales of at least $15,000
  • valid Environmental Farm Plan and Soil Conservation Plan for the farmland being purchased
  • shareholder(s) must provide a personal guarantee
  • must be a Canadian citizen and permanent resident of PEI.
  • Financing is for farmland only (woodland, barns, structures and equipment excluded).
Not sure if you qualify?Book a call with SeedPort to see whether Farmland Financing Program fits your company and what you would need to apply.
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What it can pay for

Capital / EquipmentBusiness Expansion

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

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Last checked by SeedPort: Aug 10, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.