As a self-employed farmer or rancher, retirement is entirely in the hands of your operation. Borrowing funds to build your retirement savings is convenient and smart. An RRSP is ‘good debt' that not only gives you a tax break, but also increases your wealth and reinforces your long-term financial growth.
We offer two types of RRSP Loans
RRSP Loan
- variable rates as low as prime
- flexible terms up to 10 years
- flexible repayment options
- optional life and disability insurance protection
RRSP Take 10 Loan
- you can choose the time period to pay it off: 13 months – 10 years
- a smart way to maximize your contribution room
- helps take advantage of unused carry-forward amounts
- optional life and disability insurance protection
