Advance Payment Program

Federal loan guarantee program for agricultural producers with easy access to low-cost cash advances until you are able to sell your agricultural products.

Deadline

Ongoing

Amount

No Maximum

Type

Loan

Provider

Government of Canada

Funding Details

Funding:

  • This program can provide marketing flexibility by allowing you to sell your agricultural products based on market conditions rather than the need for cash.
  • Up to $1,000,000 in total advances based on the value of the eligible agricultural products you will produce or that you have in storage.
  • The Government of Canada pays the interest on the first $250,000 of your advance ($500,000 for canola advances for 2025 and 2026). Preferential interest rates on the remainder.
  • You make repayments to the advance as you sell the agricultural products, with up to 18 months to fully repay the advance for most commodities (up to 24 months for cattle and bison).
  • Your cash advance is calculated based on up to 50% of the anticipated market value of the eligible agricultural products that you will produce or that you have in storage.

Program is managed by APP administrators. Some charge an application fee.

Eligibility:

Canadian producers of agricultural products including:

  • Crops
  • Grains and oilseeds
  • Fruits and vegetables
  • Livestock (cattle, hogs, sheep, bison, rabbits, red deer, boar, goats, elk)
  • Certain breeding animals intended to be marketed during the production period (cattle, goats, sheep, hogs)
  • Bees intended to be marketed during the production period
  • Fur pelts and cervid antler velvet
  • Honey and maple syrup

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