The Advance Payments Program for Livestock provides opportunities to save. Producers can access up to $400,000 of input financing with the first $100,000 interest-free and next $300,000 at prime rate.

http://www.accfarmersfinancial.ca/advance_payments_program_livestock.html

Emergency Advances

The 2008 – 2009 program operated under special emergency provisions.  In August 2010, Minister Ritz announced an extension of the repayment deadline for the outstanding balance of your 2008-09 Advance Payments. Hog producers are not obligated to make any principal repayments on their 2008-09 Advance Payment prior to April 1, 2012. However, the advance must be repaid in full by March 31, 2013. Outstanding balances as of March 31, 2013 can be repaid by entering a settlement agreement up to five years at interest rates detailed in the Acknowledgement Document for advances in default. ACC Farmers’ Financial will be working very closely with producers to assist in structuring repayment and settlement agreements.

Producers who wish to make any principal repayments earlier than April 1, 2012 may, of course, do so. Principal repayments made before April 1, 2012 must pay down the interest-free portion of the advance first.

For more information visit:
http://www.cpc-ccp.com/news.php?rev=e&ID=258&article=1&year=2010&da=0&incl=0