Operating loans, to pay normal farm or family living expenses.Farm ownership loans, for use accessing land and capital.The United States Department of Agriculture (USDA) Farm Service Agency offers three types of loans: People who haven’t operated a farm or a ranch for more than 10 years are eligible for this loan. Examples of these projects include organic production, bee-related projects, aquaculture and irrigation. These direct loans can fund the production, processing and marketing needs of alternative agricultural enterprises. This includes structures, land, fencing, water treatment equipment and more. You can use the loan to finance 100% of an eligible animal waste treatment system. With this program, independent livestock and poultry producers can get loans at low interest rates. Through the MDA, the Missouri Agricultural and Small Business Development Authority authorizes these loans, which are designed to meet specific needs: Animal Waste Treatment Loan A variety of loans are available, many through the Missouri Department of Agriculture. This financing can help purchase land or equipment, cover operating costs, make improvements or get through tough times. Loans for agribusinessĪgribusiness loans can provide the capital you need. Don’t know where to start? MOSourceLink is here to help with a comprehensive list of business resources and opportunities for your agriculture business. Loans, grants and tax credits can provide the funds you need. But farmers and food producers can increase their profits and create value – and an infusion of capital can help. In Missouri, agriculture is an $88 billion industry. That’s a lot of opportunity – and unmet potential. However, of all states, the Show-Me State ranks 11th in cash receipts and 31st in average value per acre of cropland. The total number of farms in Missouri is second only to Texas. Our state has more than 95,000 farms that cover two-thirds of its total land acreage. These issues impact more than just your farm – they affect Missouri’s economy as a whole. How can you lower costs and maximize profits? How can you find new markets and expand your business? And how can you add value to your enterprise? Like any entrepreneur, producers can help their businesses grow by tackling big questions. Whether your business works with livestock, commercial horticulture and crops, or food processing and forestry products, there are loans and grants designed to fit the unique needs of your Missouri agriculture business. The right support and funding can transform any venture.
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