Advance Payment Program
Government of Canada Canada
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Funding amount
up to $1,000,000
Deadline
Rolling, apply anytime
Region
Canada
Funder type
Federal Government
For
Businesses
Eligible organizations
for_profit, agricultural_producer
Sectors
Agriculture, Agribusiness, Farming
About this program
A federal loan guarantee program providing Canadian agricultural producers with low-cost cash advances of up to $1,000,000 based on the value of eligible commodities in production or storage. The Government of Canada pays the interest on the first $250,000 ($500,000 for canola in 2025 and 2026), with repayment terms of up to 18 to 24 months as products are sold.
What this program funds
The Advance Payment Program is a federal loan guarantee program run by the Government of Canada. It provides cash advances to agricultural businesses to help bridge the gap until they can sell their agricultural products.
Agricultural businesses can apply on a rolling basis, with applications accepted on an ongoing basis. The program offers loans in the form of cash advances at low cost. No specific information about maximum loan amounts or application procedures is available in the program details.
Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.
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