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Treasurer's Agricultural Loan Program (TALP)

 

By re-establishing the
Treasurer's Agricultural Loan Program (TALP),
State Treasurer Richard Mourdock has made an
initial $25 million in low interest loans available
to specific agricultural sectors facing difficult
market or crop conditions.

TALP will be available to farmers in
all of Indiana's 92 counties that meet
the specific guidelines.

Please click for a TALP application  
or to view the brochure.

Rates:
Bankers rate is currently 1.0%. Farmer's rate is currently 3.5%
Bankers rate =(Fed fund rate - 2% or 200 bps)
Farmers rate = (Fed fund rate + 0.50% or 50bps)