Loan programs

The MDA provides many comprehensive loan programs to assist farmers in improving and expanding their current operations. Whether you are in need of new equipment, changing your farm management practices or expanding your farm, the MDA is here to assist you in making the process a little easier.

AgBMP Loan - loans to local units of government who in turn provide low interest loans to individuals for agricultural Best Management Practices.

Aggie Bond Loan - offers affordable financing for a qualified beginning farmer.

Ag Improvement Loan - assists eligible farmers to finance capital improvements to their farming operation.

Basic Farm Loan - offers affordable financing, a reasonable down payment and built-in safeguards, such as farm management training and financial planning.

Dairy Modernization Loan - funds available to eligible local, regional or statewide development organizations for the purposes of modernizing dairy operations.

Methane Digester Loan - helps finance the purchase of necessary equipment and the construction of a system that will use manure to produce electricity.

Sustainable Agriculture Loan - for capital purchases that enable farmers to adopt practices that will lead them to a more sustainable farming system.

Livestock Expansion Loan - assists livestock and dairy producers to finance the construction of state-of-the-art facilities.

Livestock Equipment Pilot Loan - designed to help finance the purchase of livestock-related equipment.

Restructure II Loan - designed to help farmers who remain in good credit standing with their local ag lender, but are having trouble with cash flow due to adverse events.

Seller Assisted Loan - a cooperative financing effort involving a buyer, a seller, a local lender, and the Minnesota Rural Finance Authority, where the seller participates in financing the sale of their farm by providing a portion of the financing.

Value-Added Agricultural Product Loan - helps farmers finance the purchase of stock in a cooperative, limited liability company, or limited liability partnership proposing to build or purchase and operate a facility to process or produce products from ag crops.