Diversification Loan Guarantees (DLG)

Provides a guarantee to commercial lenders in order for farmers to access funds to bring on new opportunities by looking at innovation and diversification.
  • Manitoba Agricultural Services Corporation
Overview of the Diversification Loan Guarantees (DLG) program:

MASC recognizes that availability of credit under reasonable terms and conditions from traditional lenders is vital to rural Manitobans. Through partnerships with private sector lenders, MASC is able to offer a variety of guarantee programming. MASC can provide a guarantee to lenders for producers interested in diversifying their current operations and/or adding value to agricultural commodities. The program assists in overcoming problems such as equity and security shortfalls, limited production experience, and new products.

Benefits of the Diversification Loan Guarantees (DLG) program:
  • There is no limit to the maximum loan guarantee. MASC will provide 25% of the principal amount of a loan approved by a participating lender. Interest will be the individual lender's prime plus 2.0%.
Eligibility criteria of the Diversification Loan Guarantees (DLG) program:
  • The program is available to individuals, partnerships, corporations, and co-operatives. The majority of the applicants must be residents of Manitoba and Canadian citizens (or have lawful permanent residence status).
  • The project must demonstrate, based on the business plan, satisfactory cash flow and long-term profitablility to service the debt.
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

BDC Start-up FinancingOPEN
  • Business Development Bank of Canada
Bright SparkOPEN
  • Bright Spark

Other Grants and Funding by Region

Community Buildings RetrofitOPEN
  • Canadian Municipalities (FCM),
SEMI programOPEN
  • Government of Alberta’s Technology Innovation and Emissions Reduction (TIER)
AgriInvestOPEN
  • Government of Canada, Agriculture and Agri-Food Canada
Net Zero Transformation (NZT)OPEN
  • Federation of Canadian Municipalities (FCM)
BDC Technology FinancingOPEN
  • Business Development Bank of Canada
Venture Capital FundOPEN
  • New Brunswick Innovation Foundation
DELIA fundOPEN
  • NCFDC
JEDI - Indigenous Internship ProgramOPEN
  • Joint Economic Development Initiative

More Grants and Funding by Industry

Business Term Loan OPEN
  • Journey Capital
Fair Finance FundOPEN
  • Fair Finance Fund
Export Guarantee ProgramOPEN
  • Export Development Canada
START program: hiring incentiveOPEN
  • Nova Scotia Department of Labour and Advanced Education
High Park AngelsOPEN
  • High Park Angels
Training Tax Credit-EmployersOPEN
  • British Columbia Ministry of Finance
Young Farmer LoansOPEN
  • Farm Credit Canada
Community Business Development ProgramOPEN
  • Clarence Campeau Development Fund (CCDF)