Program Comparison
What’s Important to you?
• Maximize cash flow
• Low or no interest
• Financing for production or marketing
• Year-round operating capital
Here are some options:
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Commodity Loan Program (CLP)
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| Operating capital for crop inputs | Operating capital for crop inputs |
| $750,000 Loan Maximum | $400,000 Loan Maximum |
| 100% approved limit @ Prime | First $100,000 - Interest-free / Balance @ Prime |
| Financing up to 22 months (Includes enrollment in storage component) |
Financing up to 18 months (Includes enrollment in storage component) |
| Amount borrowed is geared to ‘actual’ cash costs of operation @ 70/75% of farm gate value |
The loan rate is calculated at approximately 50% of the projected farm gate value |
| Loan calculations are related to Production Insurance Guarantee | Loan calculations are related to Production Insurance Guarantee, AgriStability Reference Margin, ASRA Reference Margin or quantity of product in storage |
| Farm-fed component included | Farm-fed grains and silage are not eligible |
| Repayment: | Repayment: |
| As crop is marketed (no receipts required) Farm-fed grains/silage (Nov-Feb) |
As crop is marketed - supported by receipts after Jan-31 Repayment commodity specific |
| Deadline to repay: February 28th | Deadline to repay: December 30th in case of non-storable crops |
| Can transfer balance to APP storage before February 28th | Can transfer balance to APP storage before December 30th |
