1. CDN Bison Association - 2017 AGM
CALA - “Establish, Expand, Innovate”
APP - “Improve your Profitability and Cash Flow”

2. CALA Program Establish Expand Innovate Buy an existing operation
Taking over the family farm
Expand
Land, buildings
Breeding Animals, no branding required
Innovate
Equipment, Machinery, Implements

3. CALA Program Who is Eligible Loan Amounts Fees Established farmers
Beginning/Start-up farmers (i.e. less than 6 years of farming)
Agricultural co-operatives
Loan Amounts
Currently $500,000 max
Up to $500,000 for land and buildings
Up to $350,000 for all other purposes
Fees
.25% application fee
.85% loan registration fee

4. CALA Program Why CALA Where to apply Competitive Interest Rates
Fixed or Variable Financing
Incentives for Beginning farmers
Flexible repayment terms; and
Backed by the Government of Canada
Where to apply
Banks
Credit Unions

5. The Advance Payments Program (APP)
Get a Cash Advance for up to $400,000:
First 0%
(Federal Gov’t pays the interest)
Remaining $300,000 is at preferential interest rates
(usually prime)

6. The Advance Payments Program (APP)
Get Cash Advances on:
Bison and other livestock
Grains & other commodities
Get Interest Rebates on:
Bison Feeder Loans
Get Bison Cash Advances from:
APP Administrators
Manitoba Livestock Cash Advance
SkMinAg (interest rebate only)
Canadian Canola Growers Association

7. The Advance Payments Program (APP)
Repay your advance
As you sell your product; BUT
Sell by the end of the production period
24 months for bison
18 months for all else (e.g. crops)
Eligibility
Canadian farmer; OR
Farming corporation, cooperative or partnership

8. The Advance Payments Program (APP)
ALL Cash advances MUST be secured
For Bison advances
Enrollment in an appropriate BRM program
e.g. AgriStability
No security required for Feeder Loan interest rebates

9. Agricultural Loan Programs – APP

10. Agricultural Loan Programs – APP

11. The Advance Payments Program (APP)
Cash Advances - Improve your Profitability
165 Fed Bison x $1700/head = $280,000 loan
$100,000 is Interest Free
$180,000 is Interest Bearing for % (prime)
Annualized Interest Cost, APP = $ 5,760
Annualized Interest Cost, 6% = $ 16,800
Annualized interest rate on $280,000 = 2.06%
Cash Advance Interest Savings = $ 11,040
Financing Costs Reduced = $66.90/per head

12. The Advance Payments Program (APP)
Why Cash Advances
Lower interest rates and financing costs
Improves profitability
Improves cash flow
Marketing Flexibility
Sell when you want : repay as you sell
Don’t have to do anything extra : Just apply!

13. Agricultural Loan Programs – APP & CALA
For more information
Visit the APP website at
Visit the CALA website at
Call the toll-free line at
Use our Generic

14. Agricultural Loan Programs – APP & CALA
Questions???
See me at the booth