Thinking about your cash flow and financing plans for this growing season? If you’re looking for a way to stretch your operating dollars a bit further, it might be time to take a closer look at a cash advance.
Canadian Canola Growers Association offers below-prime farm financing with an Advance Payments Program (APP) cash advance. The 2026 advance includes up to $1 million in total financing. The first $250,000 is interest-free on all commodities, plus an additional $250,000 interest-free on canola. Any additional interest-bearing amount is at CCGA’s rate of prime less 0.25%.
“For those who haven’t taken a cash advance before, this year is a good time to consider it, given how costs continue to increase,” says Dave Gallant, Vice-President, Finance & APP Operations at CCGA. “Farmers can significantly reduce financing costs, saving thousands to tens of thousands of dollars annually.”
Cash advances are available on over 50 commodities, including all major field crops, honey, and large and small livestock, and offer flexibility on how the funds are used.
“Put an advance to work in whatever way works best on your farm: buy fuel, crop inputs, or feed, make necessary equipment repairs, or complete maintenance and upgrades,” says Gallant. “It’s easy to see why over 10,000 western Canadian farmers come to CCGA every year.”
A key difference between a cash advance and other forms of financing is the repayment structure. A cash advance is “repay-as-you-sell”, meaning farmers pay back part of the advance each time they sell the commodities listed on it. A portion of each sale goes towards repayment and the rest stays with the farmer.
Gallant says he frequently hears from customers how much easier it's become to apply for and manage a cash advance with CCGA, whether it's through the online account or over the phone.
“CCGA’s been serving farmers for over 40 years. We work hard to continuously evolve how we do things to meet their needs.”
Read more about cash advances.