Advance Payments Program

 
 
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Program Information
 
 
 

Agency:

Agriculture and Agri-Food Canada

For Further Information Contact:

Tel: 1-888-346-2511
Web: http://www4.agr.gc.ca/AAFC-AAC/display-afficher.do?id=1178036035451&lang=eng
Email: info@agr.gc.ca
 
Eligibility
Alberta Cattle Producers
 
 

 
Program Details
 
 
  The Advance Payments Program (APP) is a federal loan guarantee program that helps producers meet their financial obligations.

This means improved cash flow throughout the year and better opportunities for marketing their agricultural products.

Producer organizations deliver the APP on behalf of Agriculture and Agri-Food Canada (AAFC). Producers apply for a cash advance directly through a producer organization - not directly from AAFC. These producer organizations are listed along with the list of agricultural products on which they are offering cash advances at the following link: Participating Producer Organizations.

Program Highlights:

  • The cash advance is based on the anticipated value of their farm product that is being produced, raised, or in storage.
  • The limit on cash advances is $400,000 with the first $100,000 interest free.
  • Eligible agricultural products include livestock, crops, grains and oilseeds, fruits and vegetables.
  • Producers have up to 18 months (generally April to September of the following year) to repay their cash advances.
 
 
 
 
For more information about the content of this document, contact Ag-Info Centre.

Last Reviewed/Revised on April 14, 2011.