With working capital financing that fits your farm
Your growing season gets off to a great start when you have everything you need. An Advance Payments Program (APP) cash advance from CCGA can help you prepare for spring with low-cost working capital financing created specifically for farmers.
Purchase crop inputs for the upcoming growing season, complete maintenance or repairs on equipment or structures, buy feed, or cover general farm operating expenses. Use a cash advance in whatever way works best for your farm.
Farmers can borrow up to $1 million, with the first $250,000 interest-free and the remaining at CCGA’s interest rate of 0.25% below prime for 2025-26.
“Farmers who use a cash advance appreciate the interest savings they get from an extremely competitive blended financing rate,” says Dave Gallant, Vice-President, Finance & APP Operations at CCGA.
“For example, farmers would pay a blended interest rate of just 2.35% — saving a full 2.35% below today’s prime rate* — if they take a $500,000 cash advance from CCGA. That’s the low blended rate to borrow $250,000 at 0% interest plus $250,000 at 4.7%.”
* Prime rate is subject to change. CCGA’s interest-bearing rate will always be 0.25% below current CIBC prime rate in 2025-26 program year. Rates and interest-free amount were updated March 12, 2005.
It’s time to gear up for spring!
Applications are available now for 2025 advances on more than 50 conventional and organic commodities, including crops, livestock, and honey. While the program year begins April 1, there’s no need to wait–we’re ready whenever you are.
“Farmers tell us they want to apply early, before they’re busy with the demands that spring brings to their operation, whether grain or livestock. Many appreciate the additional time, and a head start on getting their working capital in place for the spring,” says Gallant.
Did you know? If you’re waiting for crop insurance documents, you can submit your cash advance application to CCGA without those documents. You will still need to send us the required insurance documents before your application can be finalized.
CCGA offer several ways to apply, including by phone, online, and by mail: How to Apply.
Do you have questions about cash advances or applying? Call our experienced team at 1.866.745.2256, option 1.