Posted September 1, 2022
FarmCash is proud to announce it will begin issuing fall cash advances with the first $250,000 interest-free starting today, September 1, 2022. Producers across Western Canada of over 50 agricultural commodities including all major crops, livestock, and honey, can apply through FarmCash’s easy online application or via fax or mail and access their funds within three to five business days.
Producers can utilize FarmCash advances of up to $1 million to help with marketing flexibility or to help get a jump start on planning for the 2023 production year. FarmCash proudly offers western Canadian producers the lowest lending rate available across administrators of TD prime minus 0.75 per cent.
The fall advance can help farmers time their grain or livestock sales to take best advantage of marketing opportunities and maximize their returns.
Now in its fifth year of administering the Advance Payments Program, FarmCash has revolutionized the application process to save returning applicants time and hassle and get them back to what they do best, growing their operation.
“At its core, FarmCash operates to serve western Canadian producers and every year the program is adjusted to better meet their needs,” says Syeda Khurram, chief operating officer of FarmCash. “Just in time for the fall advances, returning applicants are able to autofill a large portion of the online application. With our streamlined application, it has never been easier to apply for a FarmCash advance, and with the increase to the interest-free limit, it has never been better.”
FarmCash has become the fastest growing Advance Payments Program in Western Canada due largely in part to its team of dedicated account managers who take the guesswork out of setting agricultural producers up for farm financial success.
“Producers gravitate towards the program as it’s designed to improve the profitability of their farming operations; FarmCash is transparent in its goal to help farmers with operations of any size to stay competitive,” says Greg Sears, Alberta Wheat Commission chair.
Producers interested in applying for a FarmCash fall advance can visit FarmCashAdvance.com or call 1-855-376-2274 to speak with a friendly and knowledgeable FarmCash account manager.
The Advance Payments Program is a federal loan program administered by the Alberta Wheat Commission. It offers Canadian farmers marketing flexibility through interest-free and low interest cash advances.
For more information, please contact:
FarmCash Chief Operating Officer
For media inquiries, please contact:
Marketing Communications Specialist
Alberta Wheat and Barley Commissions