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Grants & Loans

Rural Assistance Loan Program

 

The Rural Assistance Loan Program provides loans to producers with modest financial investments in agriculture. These loans finance agricultural enterprises to provide financial experience and assist in the economic growth and welfare of Montana agriculture. Rural Assistance Loans are available through the Agricultural Finance Program of the Montana Department of Agriculture.

 

Eligiblity

Applicants must be at least 18 years of age and residents of Montana at the time of application. Loans are available to persons who are unable to qualify for financing from commercial lenders. However, the activity for which the loan is requested and the financial position of the applicant must show a positive cash flow and net worth.

 

The total value of an applicant's net worth, including those of spouse and minor children, cannot exceed $450,000.

 
 

Contacts

 

Walt Anseth
Agricultural Finance Program
302 N Roberts
Helena, MT 59601
Phone: (406) 444-2402
E-mail: WAnseth@mt.gov
Fax: (406) 444-9442

 

Published: Thu Sep 29 10:55:00 MDT 2011.
Last Modified: Thu Apr 19 11:05:39 MDT 2012