Manitoba Livestock Cash Advance Inc

MANITOBA LIVESTOCK Cash Advance Program Inc.NEW 2014 production period begins April 2014Manitoba Livestock Cash Advance was established in 2007 to administer the ADVANCE PAYMENTS PROGRAM (APP) for Cattle producers in Manitoba and Saskatchewan. Sheep/Lamb, Bison and Goat producers in Manitob,a Saskatchewan, Alberta and British Columbia.The Advance Payments Program (APP) is a federal loan guarantee program that helps livestock producers meet their financial obligations and benefit from the best market conditions by improving their cash flow throughout the production period. MLCA issues producers a cash advance on the anticipated value of their livestock that is being produced. Producers can receive a cash advance on up to 50% of the expected average market price of the livestock.To be eligible producers must be a Canadian citizen or permanent resident. A corporation, cooperative, or partnership of which the majority interest is held by Canadian citizens or permanent residents.Producers must also meet the security requirements