The coronavirus pandemic has continued to affect individuals and small businesses, especially beginning farmers and farmers of color. California FarmLink is responding with a unique opportunity for farmers and ranchers: Loans at 0% interest and no fees!
The Recovery and Resilience Loans are available to farmers who have completed our educational programs, have enrolled in our 2022 programs, or intend to enroll in our future educational programs, including The Resilerator and El Resilerador. Eligibility will depend on wealth and income.
Loan amounts: $25,000 – 100,000
Term: 3 Years (some flexibility is possible)
Interest rate: 0%
-General farm/ranch operating costs
-Refinancing higher-interest business debt
-Losses resulting from natural disasters
-Down payment assistance for land loans (details forthcoming)
-Conservation practices (see below)
To apply or learn more, email us today or call (831) 425-0303 ext 7024. Thank you!
Note: Conservation loans are available to implement conservation plans created in partnership with your local RCD or the USDA NRCS or another agency The loan can provide “bridge financing” to cover your costs prior to receiving financial assistance through EQIP, Healthy Soils or other conservation programs; or in some cases, the loan can help you start a conservation plan.