Blog: The Wheat Sheaf

Cash Flow Management Advice and Solutions at AFSC

Cash Flow Management Advice and Solutions at AFSC
Following an early snow fall and higher-than-normal fall moisture, Agriculture Financial Service Corporation (AFSC) knows that harvest was tough on Alberta producers. Challenging conditions left unharvested acres across the province, expenses need paying, and current cash flow may be a concern to many. We know this because AFSC understands farming in Alberta – we’re in your community, and many of our staff are producers too. We want you to succeed, and we have the financial options to make that happen.

Customized solutions for your operation’s needs
All producers are welcome to visit one of our 45 branch locations to speak with a program specialist about your current situation. We’ll evaluate your unique needs on an individual basis, understand the challenges facing your operation and provide you with personal and expert advice. Our lending programs can provide convenient and immediate access to working capital to support your operations through the coming months. For current AFSC loan holders, options may be available to ensure you have the flexibility required to continue business as usual. AFSC can provide customized solutions to producers facing cash flow challenges brought about by the 2016 harvest season.

Reminder to AFSC clients: file your Harvested Production Report
Harvested Production Reports (HPR) for crop insured under the 2016 insurance programs are still being accepted with a late file fee of $50. It is important to remember that a failure to file by the deadline noted will result in zero yield recorded, and no indemnity will be calculated.

AFSC accepts completed HPRs as follows:
Annual Insurance HPR – December 31, 2016
Perennial Insurance HPR – February 28, 2017

Ready to learn more?
Contact AFSC today to learn more about the options available to you. Visit one of our branches in person, call our Client Contact Centre at 1.877.899.AFSC (2372) or email us at info@afsc.ca.  View our website at www.afsc.ca at any time and follow us on Twitter @AFSC_AB to keep up to date with our initiatives and programs!

 

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