Archives: Financing
Targets beginning farmers and ranchers who are unable to obtain financing from commercial sources. Must have 3 years of farm/ranch experience. Farm size must not be greater than 30% of the median farm acreage in the county. All entity owners must be related by blood or marriage and must be eligible beginning farmers.
Same fund use as “Direct Farm Operating Loan” except loan may be used to refinance debts. Interest rates under market rate; terms cannot exceed 7 years. Farm Service Agency guarantees up to 95% of the loan, or up to $1,214,000
Funds can be used to purchase livestock, farm equipment, feed, seed, fuel, farm chemicals, insurance or other operating expenses; minor improvements to buildings, costs associated with land and water development, family subsistence, or to refinance debt under certain conditions.
Provides funds to eligible public, private, or prospective owners and non-profit organizations involved in environmental cleanup and redevelopment of commercial or industrial properties that are idled, underutilized, or abandoned as a result of real or perceived contamination (known as Brownfields).
The CCFF provides both loans and grants to businesses. The maximum amount of a direct loan is $100,000 and the minimum is generally $25,000. The maximum amount of a grant is $20,000 and the minimum is $5,000. State-licenses for-profit and non-profit child care center providers, or those substantially in the process of becoming licenses, are eligible to apply.
