Back to Grants
AK
Alaska Agricultural Revolving Loan Fund
Alaska provides agricultural loans for operating, equipment, farm development, irrigation, processing, and land-clearing projects.
About this program
The Alaska Agricultural Revolving Loan Fund promotes development of agriculture throughout the state through moderate-interest loans. Loan types include short-term operating, chattel, farm development, irrigation, product processing, and clearing loans. Funds may be used only for agricultural production or processing operations in Alaska, and loans must be secured by adequate collateral.
Eligibility
Alaska agricultural producers and processors may apply for eligible agricultural production or processing loan purposes.
Requirements
- Loan funds must be used for agricultural production or processing operations in Alaska.
- Project must fit an eligible loan type such as operating, equipment or livestock, farm development, irrigation, product processing, or land clearing.
- Loans may not exceed 75% of the value of collateral after existing liens.