FCC Starter Loan
$150,000.00
Loan
Description:
FCC provides financing to agriculture and food industry startups and to agriculture, agribusiness or food and beverage-related business that were established within the past three years.
Comments on Funding:
Funding is up to $150,000. Loan features:
– special 1- to 10-year fixed rates available;
– no loan processing fees, renewal or conversion fees
Continuous Intake
Eligibility:
Eligibility criteria:
1. Applicants must be agriculture and food industry startups;
2. Applicants must be existing agriculture, agribusiness or food and beverage-related business started within the past three years.
3. Eligibility starts at 18 years of age.
4. If applicants are 25 years or older:
a) new business or have started their business within the last 3 years;
b) most recent revenue (individual and corporate combined) must be $50,000 or less.
Application Steps:
Applicants must submit loan applications via FCC Online Services
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice