CCGA Cash Advance Program: The Financial Tool Farmers Are Looking For
Friday, March 14, 2025
STREAM PODCAST LIVE
All our episodes are available on the following popular audio and video destinations:
Podcast: iTunes / Spotify / Stitcher / Soundcloud / IHeartRadio
CCGA Cash Advance Program: The Financial Tool Farmers Are Looking For
* Exciting Update: The interest-free portion of the cash advance has recently been increased from $100,000 to $250,000, providing even more financial flexibility for farmers.
In this episode of The Impact Farming Show, Tracy sits down with Dave Gallant, Vice President of Finance and APP Operations from the Canadian Canola Growers Association (CCGA), to discuss the CCGA Cash Advance Program, a financial tool that is helping farmers navigate today's elevated interest rates.
Farmers often face challenges around managing cash flow, especially during unpredictable market conditions. The CCGA Cash Advance Program offers farmers up to $1,000,000 in working capital financing, with flexible terms designed to help farmers plan better and reduce borrowing costs.
Key Topics Discussed in This Episode:
1. What is a Cash Advance?
Dave explains the Advance Payments Program (APP), which provides farmers with short-term financing to support their working capital needs. With up to $250,000 available interest-free and the rest at a reduced interest rate, this program is an attractive financial tool for many farmers.
The cash advance program provides up to $1,000,000 for financing across more than 50 commodities, including field crops, livestock, organic crops, and even honey. The two-part structure (interest-free and interest-bearing) helps manage costs effectively. Farmers can use both portions to support their operations.
Exciting Update: The interest-free portion of the cash advance has recently been increased from $100,000 to $250,000, providing even more financial flexibility for farmers.
...............................
* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
...............................
- CCGA Cash Advance Program: ccga.ca
- Episode 228: CCGA Cash Advance Program: The Financial Tool Farmers Are Looking For with Dave Gallant: Listen here
...............................
Show Guest:
Dave Gallant
Vice President of Finance and APP Operations | Canadian Canola Growers Association (CCGA)
Dave Gallant has been Director of Finance and Operations with the Canadian Canola Growers Association since September 2014.
Before that, he earned a wealth of experience in finance and marketing services for farmers. During his 21 years at the Canadian Wheat Board, Dave successfully delivered a full suite of time and money saving e-business services to farmers and industry partners.
Dave holds a Bachelor of Commerce, Honours from the University of Manitoba and is a Chartered Professional Accountant. In his role with CCGA, Dave is responsible for the daily operations of the cash advance program, information technology services and financial management.
.............................................................
Subscribe & Share:
If you enjoyed this conversation, please subscribe, leave a review, and share this episode with anyone interested in agriculture policy, sustainability, or the future of food.
Sign Up for Impact Farming Alerts:
If you enjoyed this episode, don’t forget to sign up as an Insider so that you are first to know about all-new Impact Farming episodes, Expert Corner Segments, fantastic contests, and new promotions https://www.farmmarketer.com/impact_farming_show/sign-up
...............................
* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
...............................
The Impact Farming Show
Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation.
Show Host - Tracy Brunet
CEO of Farm Marketer
.jpg)
Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming.
In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas.
Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in
.....................