About

This program provides loan guarantees for agricultural businesses, supporting up to $15 million in financing through eligible financial institutions. Borrowers benefit from an interest rate discount of 0.30% to 0.60% for the entire loan term. The program offers two guarantee options: a Development Loan Guarantee of up to $1 million for start-up or expansion projects, and a Leverage Loan Guarantee of up to $100,000 designed for new farmers who lack sufficient collateral. Eligible uses include purchasing assets, business expansion, refinancing, improving cash flow, and developing value-added agricultural projects.