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Income and financial help in Division No. 18, Unorganized, Saskatchewan

Advance Payments Program (APP)

Last verified , may be out of date

Canada

In short

The Advance Payments Program (APP) is a federal loan guarantee program which provides agricultural producers with easy access to low-interest cash advances.

Who it is for
Canadian producers
Where
Canada
How to reach
(866) 367-8506 · Website
Last verified
, by HelpSeeker

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About this organization

COVID-19 UPDATE:

Eligible farmers who have an outstanding Advance Payments Program (APP) loan due on or before April 30, 2020, will receive a Stay of Default, allowing them an additional six months to repay the loan. http://www.agr.gc.ca/eng/agricultural-programs-and-services/advance-payments-program/?id=1462198969862

The Advance Payments Program (APP) is a federal loan guarantee program which provides agricultural producers with easy access to low-interest cash advances.

Under the program, producers can access up to $1,000,000 per program year in advances based on the value of their agricultural product, with the Government of Canada paying the interest on the first $100,000 advanced to a producer. Advances are repaid as the producer sells their agricultural product, with up to 18 months to fully repay the advance for most commodities (up to 24 months for cattle and bison).

Who can use it?

Canadian producers

How do I get in touch?

Listed in Division No. 18, Unorganized, Saskatchewan.

Canada

CanadaDivision No. 18, Unorganized, Saskatchewan

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