Fall Financing that Offers FlexibilityOctober 17, 2022Hub ArticleEvery fall, you're faced with important decisions about how best to market your crops or livestock, knowing you want to maximize your returns and generate essential farm cash flow.“Farmers need a financing tool that gives them flexibility to sell when the time and price are best for them," says Dave Gallant, Director of Finance & Operations at Canadian Canola Growers Association (CCGA).An Advance Payments Program (APP) cash advance from CCGA is a financial tool that supports the working capital needs of your farm. Put an advance to work and have more time to execute your marketing plan, cover your seasonal operating expenses, pre-buy next year's crop inputs, or make upgrades and repairs — whatever works best for your farm.“We know farmers have choices when evaluating cash flow options. If you're not already using a cash advance to reduce the borrowing costs of your short-term financing needs, it's definitely worth a second look," says Gallant.An APP cash advance from CCGA is interest-free up to $250,000, and farmers can borrow up to $1 million. The interest-bearing portion is charged at prime less 0.75%, making a cash advance particularly valuable in today's climate of rising interest rates. Why a cash advance from CCGA?With nearly 40 years of experience Helping Farmers Succeed, CCGA strives to make the cash advance program as convenient and easy as possible. We offer:One-stop service on more than 50 conventional and organic commodities.No administration fees.Our experienced staff make it easy to apply, whether over the phone or through your online account. Discover a cash advance from CCGA.“To apply, we encourage first-time customers to call us at 1-866-745-2256," says Gallant. “Our team is trained to walk new applicants through every step and get you started in as little as 20 minutes." Returning customers can also apply online.The Advance Payments Program is a federal program administered by CCGA. It offers Canadian farmers marketing flexibility through interest-free and low-interest cash advances.