Western Canadian agricultural producers can apply now for a fall FarmCash advance of up to $1 million on field crops, honey or livestock to help them grow

Posted September 5, 2023

Prior to the long weekend, the FarmCash cash advance program opened fall applications, allowing agricultural producers to take advantage of marketing flexibility or kick-start planning for the next growing season’s commodity inputs. Producers can apply for up to $1 million and receive the first $350,000 interest-free.

FarmCash proudly offers producers the remainder of the advance at one of the lowest lending rates available across administrators, TD prime minus 0.75 per cent, to provide producers with further interest savings post-harvest and throughout the calendar year.

FarmCash is available on more than grain and other field crops. Commodities eligible for an advance under the program also include honey and many types of livestock to support the long-term profitability of western Canadian agricultural producers.

“This fall is an excellent time for producers to switch their farm financing to FarmCash and receive the first $350,000 interest-free,” says Alberta Grains interim chair Tara Sawyer. “Alberta Grains is proud to administer the FarmCash program to give producers a leg up on their farming operation’s profitability, which is in demand after this season’s tough growing conditions.”

Agricultural producers wanting to apply for a cash advance can do so without leaving their farm at FarmCashAdvance.com. For assistance in applying, producers are encouraged to call FarmCash at 1-855-376-2274 or email info@farmcashadvance.com.

The Advance Payments Program is a federal loan program administered by Alberta Grains. It offers Canadian farmers marketing flexibility through interest-free and low interest cash advances.

For program information, please contact:
FarmCash Customer Service
1-855-376-2274
info@farmcashadvance.com

For media inquiries, please contact:
Emily Johnson
Senior Marketing Communications Specialist
Alberta Grains
587-321-0652
ejohnson@albertagrains.com

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