As of April 1, 2023, agricultural producers in British Columbia, Alberta, Saskatchewan and Manitoba can now receive their spring FarmCash advance of up to $1 million with the first $250,000* interest-free and take advantage of opportunities to grow their farms.
While spring applications opened in February, April 1, 2023, marked the official launch of the new federal Advance Payments Program year, allowing for the release of funds to producers who submitted their applications.
FarmCash, under the care of the Alberta Wheat Commission, continues to provide agricultural producers with access to low-interest (TD prime minus 0.75 per cent) or no-interest cash flow in as few as three to five days, along with responsive and knowledgeable customer service producers can count on.
“The Alberta Wheat Commission (AWC) is proud to administer FarmCash as a service to agricultural producers that allows them to mitigate some of the challenges of modern-day farm financing,” says AWC chair and crop producer near Sexsmith, Alberta, Greg Sears.
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