AgStar Minority Lending Program Expands

AgStar’s partnership with the Minnesota Rural Finance Authority (RFA) has expanded to include a new microloan program designed for new, underserved borrowers with farm capital needs. RFA has selected AgStar Financial Services as one of only two authorized, intermediary lenders for the program. Borrower eligibility for the new microloan program includes Minnesota residency, farm production of specialty crops and/or eligible livestock, inclusion within a protected group (as defined by the governing statute for the program) and operations functioning with a documented business plan. For complete details on the MDA’s microloan program, visit http://www.mda.state.mn.us/grants/loans/microloan.  

About Rural Capital Network

As a dedicated business unit of AgStar Financial Services, AgStar Rural Capital Network is uniquely positioned to help rural communities prosper by securing financing for their community and economic development projects. Read More »  

Want to know more about how we can help? Call us today at
1-866-577-1831.

Your Rural Capital Experts

Sign up for our email newsletter!