Agriculture,Business,Child Care,Economic Development,Energy,Health & Mental Health
Rural Economic Development Loan Program
Low interest rate gap-financing may be available to support qualifying business or community development projects.
The financing terms are as follows:
The amount is determined on a case-by-case basis by the cooperative board of directors; based on the project and specific loan program requirements.
The rate typically ranges from 0% to below prime interest rate.
The term of the loan may be up to a maximum of 10 years.
The loan shall have adequate security as determined by the cooperative board of directors.
Eligible Projects & Applicants:
For-Profit or Non-Profit
Commercial, Industrial, Retail, Distribution, Agricultural Processing
Land, Buildings, Machinery & Equipment
Infrastructure (sewer, water, streets, rail)
Fire/EMS Buildings & Equipment, Libraries, Community Centers
Health Care & Education
Hospitals, Clinics, Assisted Living, Child Care
Based on the unique attributes and needs of the applicant's project, Dairyland Power will also work to connect you with the right mix of resource providers including:
Local financial institutions
Local, state & federal economic development incentives
Local, state & federal loans and loan guarantees
Contact your Touchstone Energy Cooperative or Dairyland Power Cooperative economic development staff to discuss your project and begin the loan application process.
Focus on Energy is Wisconsin’s statewide energy efficiency and renewable resource program funded by the state’s investor-owned energy utilities and participating municipal and electric cooperative utilities.
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.