Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]

Agricultural line of credit

Agricultural line of credit service charges

Conventional and revolving credit agreement
Transaction
Fee
File analysis and setup1
Line of credit up to $250,000
1/2% of authorized amount
$225 min.
Line of credit of $250,001 to $1 million
1/2% of authorized amount
1/4% min.
Line of credit of over $1 million
1/2% of authorized amount.
min.: higher of 1/10% of authorized amount or $2,500.
Annual renewal
1/4% of authorized amount
$175 min.
Monthly management fee
up to $125 based on authorized amount

Financière agricole du Québec (FADQ)
Transaction
Fee
File setup
up to $225/loan certificate
Annual renewal
1/4% of authorized amount

General fee
Transaction
Fee
Increase during year
1/4% of authorized amount
$125 min. (conventional)
no FADQ min..
Taking of security interest
Movable hypothec agreement or general security agreement and/or security agreement
$150/contract plus incurred expenses
Immovable hypothec agreement
incurred expenses
Monitoring of security interest
Monthly monitoring of accounts receivables
$25/follow-up
Monitoring of inventories
$25/follow-up
Additional supervision of file
from $50/month
Release
$50 plus incurred expenses (no fee if the loan is due)
Discharge
incurred expenses
Cancellation of movable hypothec affecting all debts
incurred expenses
Domestic letter of guarantee
$150 min.
0.5% to 2.5% max.

1. May be up to 1% for more complex files.