Agriculture Value-Added Loan Program
The Agriculture Value Added Loan Program provides financial support for the creation and expansion of producer-based alliances and value-added businesses. Dollars from the program may be used by agricultural producers and entrepreneurs for activities such as business planning, product development, marketing and product sourcing. Three competitive loan programs are available for ag producers:
Successful loan applications will demonstrate:
- an approach that encourages business sustainability
- a “big picture” or long-term approach to the project
- significant investment on the part of the applicant
All loans offer two years of interest-free financing, with an interest rate at 1 percent over Kansas City prime interest rate after the two-year period. The interest rate is locked in at the time the contract is signed, and an amortized schedule for repayment is provided. Quarterly reporting on the value-added project is required.
Related Documents:
Agriculture Value-Added Loans printable brochure
Agriculture Value-Added Loans guidelines
Agriculture Value-Added Loans online pre-application
Agriculture Value-Added Loans application
Agriculture Value-Added Loans budget sheet
W-9 Form
For details, contact:
Mari Tucker
Marketing Specialist
Topeka, KS 66612
Phone: (785) 296-6080
Fax: (785) 296-3776
E-mail: mtucker@kansascommerce.com