Commodity Loan Guarantee Program (CLGP)
Eligibility & Details
What this program funds and who can apply
Program Description
Government-guaranteed short-term operating loans of up to $750,000 at prime rate for Ontario crop farmers to purchase seasonal inputs — seed, fertilizer, pesticides, and crop insurance premiums. Administered by the Agricultural Credit Corporation (ACC) with $200M in total government guarantees. Ongoing since 1992.
Eligibility Requirements
- Must be an Ontario crop producer (sole proprietor, partnership, or corporation)
- Must be in the business of producing eligible commodities
- Must pass ACC credit review
- Must not owe money to the Administrator from past defaults
- Must not owe money to the Crown
Quick Assessment
Funding Details
- Amount
- Up to $750,000 per producer (at prime rate)
- Type
- Loan
- Level
- Provincial
- Co-Funding
- Up to 100% of eligible costs
- Deadline
- Ongoing (program year: November 1 – October 31)
Program Scorecard
Competition, effort, and approval at a glance
See how this program compares on approval odds, difficulty, and competition — so you know if it’s worth your time. Try Free for 7 Days →
How to Win
Insider tips, common pitfalls, and what successful applicants look like
Insider TipApply through the Agricultural Credit Corporation (ACC), not the government directly. Prime rate loans for seasonal inputs are hard to beat. Repayment deadline is September 30 — designed to align with harvest cash flow. The $750K ceiling covers most commercial crop operations. Eligible commodities include corn, soybeans, canola, wheat, barley, oats, mixed grains, potatoes, processing vegetables, and seed corn.
See what trips up most applicants for this program — and how to avoid it. Try Free for 7 Days →
Success Profile
Ontario grain and oilseed farmers financing spring planting inputs. Commercial crop producers needing seasonal working capital at competitive rates.
See what successful applicants for this program actually look like. Try Free for 7 Days →
Evaluation Criteria
ACC credit review — assessed on farm viability and repayment capacity, not competitive ranking.
See exactly what reviewers score on — so you know where to focus. Try Free for 7 Days →
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 3
Eligible Expenses 4
- Seed purchases
- Fertilizer
- Pesticides and herbicides
- Crop insurance premiums
Ineligible Expenses 4
- Equipment
- Land
- Building construction
- Operating overhead
Intake Periods
November 1 – October 31 annually. Apply year-round through ACC.
Deadline Notes
Annual recurring program. Apply through the Agricultural Credit Corporation (ACC) at 519-766-0544. Repayment deadline is September 30 each year. Eligible commodities: corn, soybeans, canola, wheat, barley, oats, mixed grains, potatoes, vegetables for processing, seed corn.
Open Application Portal →Ineligible Organizations
- Non-agricultural businesses
- Livestock-only operations (no crop production)
Get the step-by-step application guide — documents, timeline, and what to prepare. Try Free for 7 Days →
Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
Stacking partner data not yet available.
Clawback Risk
Not-applicable RiskStandard loan — repayment required.
See which programs combine with this one — and how much more you could get. Try Free for 7 Days →
How CLGP Compares
Side-by-side with similar programs
| Program | Amount | Difficulty | Payment | Deadline |
|---|---|---|---|---|
| Commodity Loan Guarantee Program (CLGP) | Up to $750,000 | Easy | Loan | Ongoing (program year:... |
| CanExport SMEs | Up to $50,000 | Moderate | Mixed (Advance + Reimb.) | Next deadline: May 29,... |
| Export Development Canada (EDC) Finan... | Varies | Easy | Equity | Ongoing |
| Farm Credit Canada (FCC) Financing | Varies | Easy | Loan | Ongoing |
| Genome Canada | Up to $10 million | Hard | Reimbursement | Ongoing |
Related Programs
Other programs you might be eligible for