Canadian Canola Growers Association

Discover Cash Advance


What is a farm cash advance?

The Advance Payments Program (APP) cash advance from CCGA is a valuable financing tool that supports the working capital needs of your farm when you need it.

Reduce your borrowing costs and enhance your marketing plan with a farmer-friendly cash flow tool that’s become an integral part of many farmers’ annual plans.​​

A cash advance offers up to $1,000,000 in cash flow to farmers, with:

  • Up to $250,000 interest-free*;
  • Prime rate less 0.75% on the interest-bearing portion;
  • Funds available on over 50 conventional and organic commodities, including all major field crops, large and small livestock, and honey.​
*Interest-free limit increased to $250,000 from $100,000 effective June 20, 2022, for 2022 and 2023 program years. Read our press release CCGA preparing to implement enhanced interest-free benefit for cash advances

Here’s how a cash advance can benefit you:​

You’ll reduce your short-term financing costs. APP’s low interest rates will save you significantly on interest compared to other financing options.


You can sell when the time and price are best. The cash flow from an advance can help take care of your short-term financing needs, giving you flexibility to wait to sell.


You can borrow with minimal collateral. Just starting out on the farm? No problem. Your commodity is your security — just make sure you have crop insurance or AgriStability for unharvested crops or livestock.

Why CCGA?

With nearly 40 years of experience Helping Farmers Succeed, CCGA strives to make the cash advance program as convenient and easy as possible for thousands of Western Canadian farmers each year.​

Our team makes getting started easy with a convenient guided phone application your first time.​


Your staff is friendly ​​​and helpful and the speed our accounts are processed is very quick. I am very happy with the service you offer.​​
--Saskatchewan farmer


I like to capitalize on lower-cost fertilizer in the fall and I pay for it in full. A cash advance lets me do that while delaying my sales, buying me more time.
--Alberta farmer
​​

I look to CCGA for my advance every spring. It’s just good business and helps build my financial foundation for the year.​
--Saskatchewan farmer


 
 

Frequently Asked Questions​​

 

 

DispForm.aspx48226/16/2022 2:48:05 PM6/16/2022 2:48:05 PMProducers from British Columbia, Alberta, Saskatchewan and Manitoba can access low-interest financing for more than 50 commodities, all on one application with no administration STS_ListItem_10001https://www.ccga.ca/cash-advance/Lists/Frequently Asked Questions/AllItems.aspx0https://www.ccga.caFalsehttps://www1.ccga.ca/cash-advance{51A7ED75-17D5-463F-961A-AB04DA53EA91}~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_CCGAFAQ.js38;038
DispForm.aspx48286/16/2022 2:48:23 PM6/16/2022 2:48:23 PMThe Advance Payments Program (APP) is a federal program, delivered and administered by Canadian Canola Growers Association Under the program, the Government of Canada provides the STS_ListItem_10001https://www.ccga.ca/cash-advance/Lists/Frequently Asked Questions/AllItems.aspx0https://www.ccga.caFalsehttps://www1.ccga.ca/cash-advance{02695BE1-2518-44DC-8BEF-9B37FDC4D75C}~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_CCGAFAQ.js38;038
DispForm.aspx48636/16/2022 2:48:19 PM6/16/2022 2:48:19 PMThe maximum advance amounts are set by the federal government in the Agricultural Marketing Programs Act (AMPA) , which governs the Advance Payments STS_ListItem_10001https://www.ccga.ca/cash-advance/Lists/Frequently Asked Questions/AllItems.aspx0https://www.ccga.caFalsehttps://www1.ccga.ca/cash-advance{95DC2699-18D8-47E0-85AE-A3F4D263C69F}~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_CCGAFAQ.js38;038
DispForm.aspx59067/12/2022 3:35:24 PM7/12/2022 3:35:24 PMIn the 2020 program year, CCGA eliminated the application fee If you meet all the given deadlines associated with a cash advance, there are no fees STS_ListItem_10001https://www.ccga.ca/cash-advance/Lists/Frequently Asked Questions/AllItems.aspx0https://www.ccga.caFalsehttps://www1.ccga.ca/cash-advance{9327DAB4-C2F6-44A0-849E-342D1F03FD39}~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_CCGAFAQ.js38;038

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Consider how a cash advance from CCGA could fit into your financial mix.​

FIND​ OU​​T MORE

​​​​​Have a question? Call 1-866-745-2256, option 1, or ​contact ​us.​

The Advance Payments Program is a federal loan program administered by CCGA. It offers Canadian farmers marketing flexibility through interest-free and low-interest cash advances.​​​​​​​​​​