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GROWING TOGETHER Forthe past two decades, the partnership between Farm Credit Canada (FCC) and local Co-ops has supported Western Canadian growers' diverse needs. The carefully curated programs and collaborative efforts have made this alliance a driving force for success in the agriculture and food industries Co-op and FCC — partners since 2004 The roots of the partnership trace back to 2004, marking a 20-year journey of mutual support for 75 locations and over 6,000 customers. FCC'S Input Financing program, born out of a commitment to fill industry gaps, continues to evolve, reflecting the ever-changing needs of the agricultural sector. “Co-op and FCC share many of the same values around supporting and enhancing rural communities This includes ensuring all producers have access to the inputs and credit required to support their business operations,” said Sarah Dobson, Senior Relationship Manager of Alliances at FCC. According to Dobson, FCC's commitment is more than financial. It includes empowering the community with knowledge and experience exchange summits, webinars and personalized support for young farmers and farm transitions. The benefits of input financing For growers, access to FCC credit ensures flexibility in business choices, allowing for planning, expansion and growth. The Input Financing credit facility acts as a cashflowtool, complementing other lines of credit. a streamlined approval process, growers can finance 100 per cent of their products, from seeds and fertilizer to fuel and animal feed supplements “The convenience for our members is thatwe do a lot ofthe groundwork. This is enhanced if they already have had credit with Co-op and we have everything in THE 20-YEAR PARTNERSHIP BETWEEN FCC, CO-OP AND CANADIAN GROWERS place to get started. It makes the whole process much more fluid," said Tamra Rapsky, Finance Operations Manager at Heritage Co-op. FCC's Input Financing is a dedicated credit tool that manages paperwork, credit adjudication and default risks. The program optimizes sales and risk management, enabling local Co-op teams to focus on catering to their customers’ needs. Beyond financing In addition to providing financing options, FCC shares valuable business insights with local Co-ops. By enhancing their understanding of operations and goals, FCC contributes to the overall strength of Co-ops, positioning them to support growers better. Local Co-ops and FCC stand as trusted partners in supporting Western Canadian agriculture. The continuous collaboration focuses on delivering the utmost value to every growing operation, resulting in an equally beneficial partnership for FCC, Co-ops and growers alike GROW | 11
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