APP

 

Advance Payment Program
 
The Advance Payments Program (APP) is a federal program, delivered and administered by the Alberta Sugar Beet Growers. Under the program, the Government of Canada provides the loan guarantee, funds the interest-free portion of advances and helps to make low interest rates possible on the remainder for Canadian producers. The program provides agricultural producers with easy access to low-interest cash advances to a maximum of $400,000.00 per program year with $100,000.00 offered interest free. Starting on June 26, 2019 canola producers will be eligible for $400,000 interest free for their Canola.  All other commodities will be capped at $100,000 interest free.  In addition, all producers are now eligible to apply for the maximum loan amount which has been raised from $400,000 to $1 million dollars.  Applications for the new program will be available as of June 10th with the new increased loan amounts being available starting June 26th.  Please click here for the news release and here for the Q&A document.  

In return, repayments with proof of sales must be made as agricultural products for which the advance was issued are sold commencing with your first sale.

For information regarding frequently asked questions, applicable crops, or to download the application, please follow the links below:


NEWS RELEASE 08-15-2019

CROPS & ADVANCE RATES FOR 2019

2019 APPLICATION PACKAGE

FAQ's

FOR MORE INFORMATION ABOUT CASH ADVANCE PROGRAMS OFFERED THROUGH THE ALBERTA SUGAR BEET GROWERS, PLEASE CONTACT US AT (403) 223-1110 OR BY EMAILING OFFICE@ASBG.CA



 
               




 
 
 
Alberta Sugar Beet Growers

5810 62 St, Taber, AB
403-223-1110
office@asbg.ca