Canadian Canola Growers Association (CCGA) continues its 40th year of supporting the working capital needs of Western Canadian farmers, with the launch of its 2025 Advance Payments Program (APP) cash advance application.
“Starting today, farmers in Western Canada can apply for a 2025 cash advance during our early application window,” says Dave Gallant, Vice-President, Finance & APP Operations at CCGA. “Now is a great time for farmers to get their application submitted, so we can process their paperwork and provide the spring operating funds they need as quickly as possible.”
This year, CCGA will begin issuing cash advance funds on April 1.
Every year, over 10,000 farmers in Western Canada benefit from the flexibility and cost-savings of a cash advance from CCGA. “The combination of no-interest and low-interest financing can result in significant cost savings,” says Gallant.
For 2025, farmers can apply for up to $1 million in financing, with the interest-free component at $100,000 and the remaining at CCGA’s interest-bearing rate of prime less 0.25%.
First-time applicants are encouraged to apply through CCGA’s contact center by calling 1.866.745.2256. “Our team is ready to walk new applicants through every step of the process,” says Gallant.
Returning customers can also use the self-serve options available in their online account at ccga.ca.
The Advance Payments Program is a federal loan program administered by CCGA. It offers Canadian farmers marketing flexibility through interest-free and low interest cash advances.
(CCGA news release)