Advanced Payment Program

The Advance Payments Program (APP) is a financial loan guarantee program, provided by the Federal Government of Canada. The program gives producers easier access to credit through cash advances. This means improved cash flow for producers throughout the year and better opportunities for marketing their agricultural product. Soil & Crop Improvement Association of Nova Scotia (SCIANS) is an administrator of the program for Nova Scotia. The crops that are cover under the program are: barley, corn, oats, rye, soybeans, wheat and hay. To access the program in the spring, producers must have crop insurance on these crops. To access the program in the fall, producers must have these crops in storage.

Highlights

  • $100,000 interest free
  • Producers may have up to 18 months to repay the advance (spring until September the next year)

Please note that an administration fee is charged by SCIANS. More information can be found on the Agriculture and Agri-Food Canada website, or by contacting Carol Versteeg (902-758-3530) or carol.versteeg@ns.sympatico.ca.