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SD
Revolving Economic Development and Initiative (REDI) Fund (Agriculture)
Low-interest loan up to 45% of total project costs for South Dakota agricultural businesses expanding or starting operations, covering land, buildings, and equipment.
About this program
Visit the program website for full details.
Eligibility
Agricultural businesses starting up or expanding/relocating in South Dakota. Requires 10% equity and shared first lien. Eligible for land, building, and equipment.
Requirements
- Must be a South Dakota business or relocating to South Dakota
- Minimum 10% equity contribution required
- Shared first lien position on financed assets required