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Posted: September 15, 2009
Cash advances for harvested canola
While selling canola off the combine can be
an option, you might be looking for other ways to generate cash
flow while providing flexibility to sell your canola when market
conditions are favourable to you.
That's where the Advance Payment Program offered
through the Canadian Canola Growers Association can play a role.
Producers are eligible for a cash advance up to $400,000, with
a $100,000 interest-free portion.
To Apply:
Go to www.ccga.ca,
call the CCGA at 1-866-745-2256, or fill out an application at
your local elevator. If you already have a pre-harvest cash advance
from the CCGA, you may be eligible for an additional advance or
can extend your repayment deadline by completing Part 3 or your
application.
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