I was in a 10x14 room that I had totally outgrown. I had a pasteurizer that could handle 10 gallons a day and I was using 25 gallons a day, and it was insane. Just insane! VCLF saved my life. Nobody was going to lend me money.
Lazy Lady Farm
VCLF's Agritourism Loan Program is a revolving loan fund where you may access financing of up to $50,000 at low interest rates. The program focuses on supporting new or existing agricultural enterprises by providing low cost capital for agritourism related projects that help them enhance and diversify their revenue streams.
Terms range from several months to 20 years, are project specific and based on the project need and strength of the proposal. Fixed interest rates of between 3%-5% depending on purpose of the loan and strenth of the application.
A $50 application fee is due at the time the loan request is submitted. An origination fee of 1% of the loan amount, a $125 documentation fee and associated filing fees are due upon closing. In some cases, origination and closing fees may be financed.
If your project is greater than $50,000 or is ineligible for Agritourism funding, VCLF also has loan funds available at slightly higher interest rates (currently 7% for general agricultural purposes).
We encourage you to speak to a loan officer before submitting a loan application.
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