The Working Capital Loan is designed to aid forestry contractors bridge the gap between harvesting timber and getting it to the mill. This loan product provides working capital for contractors who require cash flow support as a result of excess supply.
- Up to $50,000 of working capital
- Repayable within one year
- Copies of sales agreements between landowner(s), contractor and mill required
Security may include some combination of inventory, equipment and personal or corporate guarantees. Loans are subject to other loan eligibility requirements and verification of harvesting activities.