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DE
Delaware Agricultural Financing Program (DAFP)
Low-interest equipment loans of $25,000–$250,000 for Delaware farmers, food producers, and food processors. Fixed rate 3.35% for first-time farmers and aquaculture projects, 4.25% for others, with up to 7-year terms.
About this program
Visit the program website for full details.
Eligibility
Delaware farmers, producers, and food processors actively engaged in crop, livestock, aquaculture, or food production. Must demonstrate eligibility from a private lender for the balance of project costs. Maximum loan is 50% of total project cost.
Requirements
- Actively engaged in crop, livestock, aquaculture, or food production in Delaware
- Provide proof of farm or food business ownership or IRS Schedule F from prior year
- Demonstrate private lender eligibility for remaining project costs