Comments on Funding:
Funding is up to $1,500,000.
The applicant will pay interest and other fees, if applicable. There are no loan processing fees.
Applicant must be:
- generate a net worth statement,
- collect past three years of tax returns or accountant-prepared financial statements,
- gather recent pay stubs or written employer verification for off-farm income (if applicable),
- bring government-issued photo ID (drivers license, passport),
- collect shareholder agreements (if any),
- assemble copies of existing operating loan agreements (if applicable),
- build a business and marketing plan,
- prepare and maintain a cash flow budget.