A direct loan available to businesses for processing or marketing agricultural commodities. Maximum amount is 75% of total project cost or $150,000, whichever is less. Low interest rates and term of no more than 10 years.
“The loan I received from the South Dakota Dept of Ag allowed me to purchase Ranchers Feed and Seed. The process was easy and there were resources available to help me fill out the necessary paperwork.”
--Sara Beard, VAARP recipient.
For information on Financial and Loan Programs contact:
Terri LaBrie, Executive Director, Value Added Finance Authority