Program Comparison

What's important to you?

  • Maximize cash flow
  • Low or no interest
  • Financing for production or marketing
  • Year-round operating capital
Advance Payments Program (APP) Commodity Loan Program (CLP)
Operating capital for crop inputs Operating capital for crop inputs
$1,000,000 Loan Maximum $750,000 Loan Maximum
First $100,000 - Interest-free / Balance @ Prime 100% approved limit @ Prime
Financing up to 18 months
(Includes enrollment in storage component)
Financing up to 22 months
(Includes enrollment in storage component)
The loan rate is calculated at approximately 50% of the projected farm gate value Amount borrowed is geared to ‘actual’ cash costs of operation @ 70/75% of farm gate value
Loan calculations are related to Production Insurance Guarantee, AgriStability Reference Margin, ASRA Reference Margin or quantity of product in storage Loan calculations are related to Production Insurance Guarantee
Farm-fed grains and silage are not eligible Farm-fed component included
Available to farming operations across Canada Available to Ontario farming operations and may be combined with the APP
Repayment: Repayment:
As crop is marketed - supported by receipts after Jan-31 Repayment commodity specific As crop is marketed (no receipts required) Farm-fed grains/silage (Nov-Feb)
Deadline to repay: December 30th in case of non-storable crops Deadline to repay: September 30th
Can transfer balance to APP storage before December 30th Can transfer balance to CLP storage before December 30th
Program Comparaison