Resource Details
Agriculture, Business
Farm Storage Facility Loan (FSFL) Program
The Farm Storage Facility Loan Program (FSFL) provides low-interest financing so producers can build or upgrade facilities to store commodities.
FSFL is an excellent financing program for on-farm storage and handling for small and mid-sized farms, and for new farmers. In 2016 FSA introduced a new loan category, the microloan. Microloans offer a 5 percent down payment requirement, compared to a 15 percent down payment for a regular FSFL, and waive the regular three-year production history requirement.
Eligibility
Eligible commodities include grains, oilseeds, peanuts, pulse crops, hay, honey, renewable biomass commodities, fruits and vegetables, floriculture, hops, maple sap, milk, cheese, yogurt, butter, eggs, meat/poultry (unprocessed), rye and aquaculture. Eligible facility types include grain bins, hay barns, bulk tanks, and facilities for cold storage. Drying and handling and storage equipment is also eligible, including storage and handling trucks. Eligible facilities and equipment may be new or used, permanently affixed or portable.
U.S. Department of Agriculture
Provides leadership on food, agriculture, natural resources, rural development, nutrition, and related issues based on public policy, the best available science, and effective management.
Contact
(715) 345-7668
Related Resources
Agriculture, Arts & Culture, Child Care, Economic Development, Eldercare, Energy, Food & Beverage, Forestry & Paper, Native Peoples, Transportation, Workforce
Wisconsin Cooperative Development Grant
Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) is offering grants to support the development of new and existing cooperatives in Wisconsin, with a goal of fostering the success of current and future cooperatives by supporting planning and exploratory research in advance of making a large investment.
