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Fee Rates

When it comes to interest rates and administration fees, FarmCash is proud to offer Alberta producers a competitive advantage with low rates and unparalleled customer service.

Below is a schedule of our applicable fees and interest rates:

  • Initial Application Fees
    Subsequent Application Fees
    Interest Charge
    Default Interest (Pre-Default Date)
    Default Interest (Post-Default Date)
    Repayment without Proof of Sale Penalty Rate
  • $50
    $50
    Prime
    Prime + 1%
    Prime + 3%
    Prime + 1%

Financial Terms:

Initial application fee – This application fee covers applicable administration costs for processing your application.

Subsequent application fees – This fee covers applicable administration costs for each subsequent application.

Interest Charge – Advances over $100K are subject to interest at the TD Prime Rate.

Default Interest Spread (Pre-Default Date) – Loans in default status prior to the default date are charged at an interest rate of Prime + 1%

Default Interest Spread (Post-Default Date) – Loans in default status after the default date are charged at an interest rate of Prime + 3%

Repayment of loans without providing a Proof of Sale are charged at an interest rate of Prime + 1%