Cash flow to keep you growing amid rising interest rates and farm inputs and equipment costs

Emily Johnson, Marketing Communications Specialist | Alberta Wheat and Barley Commissions

Apply this spring for up to $1 million and the first $250,000 interest-free

Farmers in Western Canada are gearing up for spring and adjusting to the impacts of higher- than-recent historical farm input costs and nearly- doubled interest rates. Now more than ever, it is critical to secure farm financing that works for you, when and how you want to use it.

No matter your commodity, the FarmCash cash advance program can provide you with quick and convenient access to up to $250,000 interest-free or up to $1 million at the lowest lending rate available of TD prime minus 0.75 per cent.

Whether you farm a mixed operation or are strictly a crop or cattle producer, chances are you’re feeling the pinch of inflation and high interest rates on nearly every dollar that goes into your farm this spring. It’s not strictly a helpless situation, however. While you might think you have no choice but to take a bite out of the apple and suffer the consequences to your farm’s bottom line, farmers have options for farm financing, each tied to different outcomes for their farm profitability.

A key driver to these different outcomes is the interest rate at which you finance your inputs and equipment. FarmCash not only offers the lowest lending rate (TD prime minus 0.75 per cent) across Advance Payments Program administrators above the $250,000 interest-free limit, but it is also one of the lowest lending rates across all forms of financing. Take a look at the terms of your line of credit with your bank or credit cards — chances are you’ll see staggering differences.

If you’re one of many farmers holding onto an existing loan or line of credit, why not use FarmCash to pay off your current debt to reduce your interest costs? Producers have up to 18 months on crops and 24 months on livestock to pay off their advances. And with the flexibility that FarmCash provides, you might want to use the remainder to invest in critical equipment or as a bridge gap between when your commodity is ready for market and when bills are coming due. Unexpected vet bills? FarmCash may come in useful for you when you need it most.

While many farmers choose to continue with their bank’s financing for convenience, they should know that FarmCash has revolutionized the application process. The first to offer a fully online application platform back in 2019, FarmCash continues to streamline the process based on consumer feedback. In the fall of 2022, FarmCash launched an auto-fill feature, creating efficiencies for farmers returning to the program.

There is a lot about FarmCash to explore, that’s why we are proud say that FarmCash is more than a loan. Our team of dedicated account managers is available to guide you through the process from application to repayment. Give them a call toll-free at 1-855-376-2274 or visit to learn more! The Alberta Wheat Commission has been proudly administering FarmCash since 2018 and continues to provide the program with equal benefits to all western Canadian producers.

The Advance Payments Program is a federal loan program administered by the Alberta Wheat Commission. It offers Canadian farmers marketing flexibility through interest-free and low interest cash advances.