Wyoming producers, producer groups and agribusiness entities may work with their lender to apply for the Value-Added Agriculture Loan program. The bank is the applicant and the producer, producer group or agribusiness entity is the beneficiary.
- Wyoming producer/producer groups include independent producers, agricultural producer groups, farmer or rancher cooperatives and majority-controlled producer-based business ventures.
- Wyoming agribusiness entities are those in which the final project will benefit the agriculture industry and its overall economy.
Funds may be used for machinery, equipment and facilities necessary in the processing or packaging of an agricultural commodity.
Funds may not be used to finance working capital, for production-related expenses or to refinance existing debt.
Value-Added Ag Loan Fact Sheet