Save on Interest Costs with the Advance Payments Program

Description

The Advance Payments Program (APP) is a federal loan guarantee program which gives Manitoba producers access to low-cost cash advances of up to $1 million, based on the expected value of their agricultural product.

Under the program, you can access up to $1,000,000 in total advances based on the value of the eligible agricultural products you will produce or that you have in storage. The Government of Canada pays the interest on the first $250,000 of your advance for the 2025 program year. You repay your advance as you sell the agricultural products, with up to 18 months to fully repay the advance for most commodities (up to 24 months for cattle and bison).

APP advances can provide you with cash flow to meet your financial needs until you are able to sell your agricultural products. The program can provide marketing flexibility by allowing you to sell your agricultural products based on market conditions rather than the need for cash.

Have questions? Visit the Manitoba Livestock Cash Advance website https://manitobalivestock.com/ or call toll-free, Monday-to Friday, 1-866-869-4008.
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:David Hultin
Address:1808 Wellington Avenue, Winnipeg, MB
City:Brandon
Phone:866-869-XXXX (Show)

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David Hultin

On OKz since February, 2018

866-869-XXXX


Posted on: 28/05/2025 @ 11:32 am

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