Transferts d'exploitations agricoles – Prêt Transfert ### 📋 Eligible Entities - Young farmers establishing their own agricultural operation for the first time - Incoming buyers acquiring an existing agricultural farm from a current operator - Outgoing sellers transferring their agricultural operation (in some program contexts) - Agricultural enterprises operating in Quebec (primary jurisdiction for this program) - Individuals with demonstrated agricultural experience or training - Entities committed to maintaining agricultural production on the transferred property ### 💰 Funding Details - Loan Structure: Non-grant funding; repayable loan program - Loan Purpose: Capital financing for farm acquisition, land purchase, equipment, and operational setup costs - Terms: Designed to facilitate intergenerational farm transfer with favorable lending conditions - Repayment Obligation: Full repayment required according to negotiated loan terms - Interest Rates: Typically below market rates for agricultural lending (rates vary by lender and economic conditions) - Loan Amount: Varies based on farm valuation, business plan, and financial capacity of borrower ### 🛠️ Approved Expenses - Land and property acquisition costs for the farm being transferred - Building and infrastructure improvements or repairs - Agricultural equipment purchase and installation - Livestock acquisition (if applicable to farm type) - Working capital for initial operations post-transfer - Professional services related to farm transfer (legal, accounting) - Training or certification for incoming operators ### ⚠️ Conditions & Milestones - Business Plan Requirement: Comprehensive agricultural business plan demonstrating viability - Financial Documentation: Proof of financial capacity and creditworthiness - Experience Verification: Evidence of agricultural knowledge or formal training - Farm Valuation: Independent assessment of property and operation value - Lender Approval: Acceptance by participating agricultural lending institution - Transfer Agreement: Formal documentation of farm sale/transfer terms between parties - Timeline Compliance: Loan must be deployed within specified period following approval - Ongoing Reporting: May require periodic financial and operational reporting - Agricultural Commitment: