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SPONSORED CONTENT: Cash Advance Provides Cash Flow to Cover Spring Expenses
Spring planting is only weeks away, and with it comes many expected as well as a few unexpected operating expenses. From crop inputs, fuel, wages and repairs, to small asset purchases, a Cash Advance from CCGA offers farmers financing below prime. Whether you grow a mix of field crops, or raise livestock, Cash Advance has options on 45 commodities.
April 24, 2018 By Canadian Canola Growers Association
With a CCGA Cash Advance, farmers can access up to $100,000 interest-free and the next $300,000 at prime. Combined, that’s $400,000 in financing at a blended rate that’s well below prime. For farmers starting out, an added benefit is minimal collateral requirements, which include the grain or livestock itself and the security from your crop insurance or other BRM program.
2018 advance funds are available to farmers beginning the first week of April, and many are already applying based on their intended crop plans or on their inventory stored on farm.
Contact CCGA to find out how a Cash Advance can help finance operating expenses this growing season. Visit www.ccga.ca/cash or call 1-866-745-2256.
CCGA is an administrator of Agriculture and Agri-Food Canada’s Advance Payments Program.
Benefits:
• Up to $100,000 interest-free and $400,000 below prime
• Applicable for all types of farm expenses
• Doesn’t tie up your farm’s equity
• Repayment period of up to 18 or 24 months
