Attention Farm Lenders & Advisors: Alternative Agriculture Lending Solutions for Canadian Farmers | Interview with Josée Lemoine, VP Business Development Agriculture

The Impact Farming Show with Tracy Burnet

https://youtu.be/Nus8u4Lq5Zs?si=AwdQewXWii2sKtg5

This week’s episode, Tracy sits down with Josee Lemoine from Farm Lending Canada to explore “Alternative Agriculture Lending Solutions for Canadian Farmers.” They discuss how Farm Lending Canada is partnering with traditional lenders and farm advisors to provide vital financing options when farmers need them most. Whether you’re a farm advisor or a producer seeking lending flexibility, this episode offers insights that could truly make a difference for your farming clients or your farm. Conversation Time Stamps:

0:00 – Introduction
1:36 – Josee introduces Farm Lending Canada and their mission to offer alternative lending options for farmers.
3:00 – Farm Lending Canada borrows to farmers that don’t qualify for conventional lending for a variety of reasons/situations including financial distress, quick turnaround purchases, new farmers with no credit, transition planning financing and more.
3:57 – Josee provides an overview of the five-part video series collaboration with Farm Marketer & The Impact Farming Show.
4:20 – Do they provide advisory services, or strictly financing?
7:00 – What happens when finances go sideways? Tracy highlights the importance of options for farmers in financial distress.
7:57 – How farm advisors can work collaboratively with Farm Lending Canada?
12:00 – A real-world example: A farm in trouble successfully transitions from alternative to conventional lending.
13:00 – How to approach Farm Lending Canada with a client in need.
18:40 – Additional information Farm Lending Canada needs on farm finances. Farm Advisors: If you’re a farm advisor looking to expand the lending options available to your farming clients, this episode is for you. Farmers: If you are a farmer navigating tough financial terrain—this episode is packed with practical insight and hope. Farm Lending Canada’s alternative lending solutions could be the key to preserving the future of your operation.