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

Agricultural term loan

Agricultural term loan service charges

Conventional loan and revolving line of credit
Transaction
Fee
File analysis and setup1
Loan up to $250,000
1/2% of authorized amount
$225 min.
Loan of $250,001 to $1 million
1/2 % of authorized amount
1/4% min. of authorized amount
Loan of over $1 million
1/2% of authorized amount.
min.: higher of 1/10% of authorized amount or $2,500.
Renewal on maturity date
1/4% of balance
$175 min.

Financière agricole du Québec (FADQ)
Transaction
Fee
File setup
up to $225/loan certificate
Renewal on maturity date
$100

General fees
Transaction
Fee
Renewal before maturity date (if allowed by the contract)
$50 plus penalty stipulated in contract
Reopening of file (upon increase)
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 per contract plus incurred expenses
Immovable hypothec agreement
incurred expenses
Building appraised by a professional
incurred expenses
Total or partial prepayment
Penalty stipulated in contract
Written or telephone notice
$5
Additional supervision of file
from $50/month
Release
$50 plus incurred expenses (no fee if the loan is due)
Discharge
incurred expenses
Multiproject clause (file analysis)
1/2% of authorized amount
$175 min.

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