GrainsWest Winter 2021

Using the above FarmCash advance example, the annual interest expense a farmer would pay is $10,139. In comparison for a loan of the same amount, a farmer could pay up to $41,787.60 in interest at a rate of 6 per cent annually from different lending institutions. FarmCash would reduce farmers’ financing costs by $7.91 per tonne and increase profitability by 4.54 per cent. The cost savings due to reduced financing fees allow producers to make better investment decisions. FarmCash provides access up to $1 million with the first $100,000 interest-free and the remainder at TD primeminus 0.75 per cent, giving producers low interest rate benefits. FarmCash also offers manageable repayment timelines that yield higher profits and maintain the long-term sustainability of farming operations, all while providing flexibility on how producers want to invest. As a result, maximized farm productivity drives the business forward. Let’s take a look at an example on how FarmCash is a more sustainable and better option for farmers thanmost loan options: FarmCash is more than a loan, it is an investment tool that increases a producer’s cash balance allowing them to invest in farm assets and enhance profitability. Having strong equity is good but a strong cash balance is even better. Producers interested in fueling their farm investments with FarmCash can apply for free using our simple online application at FarmCashAdvance.com and receive their advance in as little as 3-5 business days, or call 1.855.376.2274 to speak with a FarmCash representative. GROW CASH FLOW TO HELP YOU Apply today at FarmCashAdvance.com Cash advances of up to $1 million FarmCash makes it convenient to apply for a low interest cash advance of up to $1 million, with the first $100,000 interest-free. Includes all major crops, livestock and honey. Advance Payments Program Programme de paiements anticipés On 1,500 tonnes of wheat ($108.64 per tonne) and 2,500 tonnes of canola ($213.40 per tonne), a producer is eligible to receive $696,460*. The first $100,000— farmers pay zero interest. On the remaining $596,460 – farmers incur TD primeminus 0.75 per cent. *Learnmore about our commodity rates at FarmCashAdvance.com/Advance-Rates