Helping young, beginning, and small (YBS) farmers and ranchers is part of our mission, and we love to see young agriculturalists succeed! We understand that being evaluated on loan approval factors that play a key role in determining interest rates such as character, capacity, capital, conditions, and collateral often presents challenges to young producers. In most cases, young and beginning producers have not had the opportunity to develop these areas and to demonstrate their capabilities, which is why we offer some concessions to YBS producers.
In addition to loan concessions, we have developed two programs, AgFuture and AgStart, to help YBS farmers and ranchers obtain credit to build their operations. Our goal is to work with our YBS customers to help them get started and grow their operation sustainably.
Our AgFuture program offers interest rate concessions through participation in educational opportunities for young and beginning producers. If you are considering getting a loan from us in the near future, sign-up for the AgFuture program now and start earning a reduced interest rate today!
The AgStart program assists small farming and ranching operations in the early stages of development who market, or plan to market, their agricultural products directly to consumers or through local/regional food systems through low interest loans. This includes but is not limited to organic farming, local food farming and small farming operations.