Government of New Brunswick


The Agricultural Development Board can provide financial assistance, in the form of loans, to persons wishing to establish a perennial crop.


Perennial crop operations in New Brunswick;

The business plan must show reasonable chances of viability and must demonstrate that a demand exists for the product(s);

The applicant must have acceptable agricultural knowledge and business skills, and an acceptable credit history;

The project must fit with the province’s sector strategies (in terms of impact on agricultural land, jobs, export sales, markets, etc.);

Acceptable security must be provided for the proposed financing; and

The applicant must show an acceptable amount of equity in the business.


Finances perennial crops up to 75% of the enhanced value;

Amortized up to 10 years at provincial lending rate; and

No payments during the first 5 years of the loan. Interest is charged and capitalized annually. Interest on the outstanding balance is paid annually starting in year 6. Loan balance paid at end of term.

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