Comments on Funding:
Funding is a loan of up to a maximum of $1,000,000.
Loan terms and conditions:
1. financing is up to 36 months;
2. the rate for ginseng in storage is set by the Ontario government;
3. loan calculation is related to quantity of ginseng in storage;
a) as crop is marketed, or by repayment deadline, or upon demand;
b) deadline to repay: march 31st (for the 36-month program).
Applicants must be:
Applicants must call ACC for more information about the program or to process an application at 1-888-278-8807.