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Government of Canada, Agriculture and Agri-Food Canada
Cash advances for farmers
Helps farmers get a cash advance to support their agricultural production. Covers half the expected market value of their products, with low interest and some costs paid by the government.
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.
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)
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Loans for agri-food entrepreneurs under 40
This program is available to small, medium, large businesses in agriculture, crops, grains and oilseeds industries located in Canada.
This program offers funding up to $1,000,000.
Check the official program website for current deadlines.
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