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Commodity Loan Guarantee Program (CLGP)

Short-term, lower cost operating loans for the purchase of crop input supplies, such as seed, fertilizer and pesticides.

Deadline

Ongoing

Amount

Up to $750,000

Type

Loan

Provider

Government of Ontario

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Funding Details

Funding:

  • Qualifying farmers can borrow up to $750,000 under the CLGP at Prime Interest Rate per year
  • It is administered by Agricultural Credit Corporation on behalf of the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) by the Agricultural Credit Corporation (ACC)
  • Up to 22 months for repayment

Eligibility:

  • Ontario producers

Deadline:

  • Typically December each year, dependant on commodity

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