ESSOR — Forestry Business Component
You could get a loan guarantee covering a loan of up to $1,000,000 from your lender. The guarantee can cover up to 80% of a net loss, up to a maximum of $300,000.
Your commercial forest management activities must involve:
- Harvesting wood (felling, hauling and sawing)
- Loading, transporting and unloading wood at a plant
- Carrying out silvicultural work
Projects must target the acquisition or replacement of forestry equipment and enhance the equipment's performance and effectiveness.
Other conditions apply.