Capital Assistance Program Rocky REA

The Rocky REA realizes that building a new service can be an expensive endeavor. To aid new service builds, we have developed our Capital Assistance plan. Details are as follows:

  • Term of up to 15 years
  • REA can finance up to 100% 
  • Interest – 5% and reviewed annually
  • REA registers a caveat for loan amount with land titles
  • Prepaid fee for quote is applied against total cost
  • Members to sign Loan Agreement, Caveat Note and Pre-Authorized Debit Agreement (PAD)

For more information, please call the Rocky REA at 310-POWR (7697).

New Farm Service Grant AFREA

We will assist in the application of this Grant when you build a new service with us.

This provincial grant administered by the Alberta Federation of REAs (AFREA) is available for agriculture services. A farm fuel number is required.

Grant is 50% of eligible costs over $4,500, with a maximum grant of $5,250, and minimum $25. This grant must be advanced within a year of the service being built - provided there is a grant budget.

For more information, call toll free 310-0000 then 780-422-9167 to receive an Alberta Farm Fuel Benefit number.

Agriculture Financial Services Corporation (AFSC)

Agriculture Financial Services Corporation (AFSC) is a provincial crown corporation with a private sector Board of Directors that provides farmers, agribusinesses and other small businesses with loans, crop insurance and farm income disaster assistance.

AFSC has provided Alberta farmers with hail insurance for over 60 years, and has grown into a diverse Corporation with several core businesses: crop insurance, farm loans, commercial loans and farm income disaster assistance.