Manitoba Crop Alliance (MCA) has received approval to start issuing cash advances on winter wheat and fall rye planted fall 2020 through Agriculture and Agri-Food Canada’s Advance Payments Program (APP).
The Advance Payments Program is a federal loan program administered by the Manitoba Crop Alliance. Under the program, eligible farmers are eligible for up to $1,000,000 with the Government of Canada paying the interest on the first $100,000 of the advance. Funds can be issued in three to five business days once the application process is complete.
“Manitoba Crop Alliance provides quick, courteous service when farmers apply for and manage their APP cash advance,” says MCA chair, Fred Greig. “When a farmer phones or emails the MCA office, they will be speaking with staff who know the program and can provide answers to any questions farmers have. It is service that farmers deserve.”
Manitoba Crop Alliance also continues to process applications for the 2020 program year on over 35 crop kinds and honey.
“With Manitoba Crop Alliance, we are proud to offer a competitive option for farmers who are interested in applying for a cash advance through the APP,” says MCA vice-chair, Robert Misko. “Our APP clients are a high priority, and we will work with them every step of the way to make sure they receive their advance as quickly as possible.”
Click here to see more...