How do I apply for Advance Payments Program (Agriculture)?

Visit Government of Canada, Agriculture and Agri-Food Canada's website for application instructions.

Who administers Advance Payments Program (Agriculture)?

This program is administered by Government of Canada, Agriculture and Agri-Food Canada.

Are there similar programs to Advance Payments Program (Agriculture)?

Yes! Canada Grants Database has similar programs in the Agriculture, Food & Fisheries category. Browse our database to find more options that match your needs.

Advance Payments Program (Agriculture)

Government of Canada, Agriculture and Agri-Food Canada

🌾 Agriculture, Food & Fisheries🏪 Small Business📈 Growth🍁 National

Cash advances for farmers

Funding

Up to $1,000,000

Deadline

See website

Status

Accepting Applications

What Is This Program?

Get a low-interest, repayable cash advance of up to $1 million, with interest on the first $250,000 paid by the federal government. The advance covers 50% of the expected market value of the agricultural products you will produce or have in storage for th

What Benefits Are Offered?

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The program provides low-cost cash advances to agricultural producers based on up to 50% of the anticipated market value of eligible agricultural products. It offers an interest-free portion, typically $100,000, extended to $250,000 for 2024-2025 program years, and $500,000 for canola advances in 2025-2026. This provides cash flow and marketing flexibility.

Who Is Eligible?

Business Size: small, medium, large

Industries: agriculture, crops, grains and oilseeds, fruits and vegetables, livestock, cattle, hogs, sheep, bison, rabbits, red deer, boar, goats, elk, bees, fur pelts, cervid antler velvet, honey, maple syrup

Region: Canada

Other Criteria: Canadian citizen or permanent resident, or a corporation, cooperative or partnership majority-owned by Canadian citizens or permanent residents, Be the age of majority in the province of operation (or one or more stakeholders for entities), Have produced/be producing and own the agricultural product, Be responsible for its marketing, Advance must be secured (agricultural product and potentially business risk management program proceeds or other acceptable security)