Repayable Contribution
Commodity Loan Guarantee Program
The Commodity Loan Guarantee Program (CLGP) is administered on behalf of the Ministry by the Agricultural Credit Corporation (ACC); a private sector, not-for-profit financial institution comprised of various producer associations and marketing boards. Under the CLGP, qualifying farmers can borrow up to $750,000.
- 4.5/5.0
- Ontario. Agriculture, Food and Rural Affairs
- All levels
- Last updated 3 years ago
- English
Description
The Commodity Loan Guarantee Program (CLGP) is administered on behalf of the Ministry by the Agricultural Credit Corporation (ACC); a private sector, not-for-profit financial institution comprised of various producer associations and marketing boards. Under the CLGP, qualifying farmers can borrow up to $750,000.- The Commodity Loan Guarantee Program (CLGP) supports farmers by providing access to short-term operating loans for the purchase of crop input supplies, such as seed, fertilizer, and pesticides.