YOUNG, BEGINNING AND SMALL (YBS) PRODUCERS
Created to serve the credit needs of young, beginning, and small producers, our YBS program provides alternate financing and guarantee options for farmers and ranchers who may not qualify under our normal lending requirements.
The program also includes governmental guarantee programs such as Farmer Mac and FSA loan guarantees.
WHO IS ELIGIBLE?
Producers who have one or more of the following characteristics may qualify for this program:
YOUNG: Age 35 or younger
BEGINNING: 10 years or fewer experience in farming/ranching
SMALL: Under $250,000 annual gross income from farming operations
Our AgConnect program was created to meet the needs of producers who sell their products through a “shortened supply chain”. Farm-to-table and direct to consumer producers, and other local food farmers all may be eligible for our AgConnect financing program.
ABOUT THE PROGRAM
As a result of consumer demand for locally and sustainably produced foods, new agribusiness channels have emerged, creating a diversity of value-added agricultural niche markets. These include Community Supported Agriculture (CSA), farmers markets, food hubs, food distribution networks, and other alternative, locally based economic models of agriculture and food distribution.
The AgConnect Program was launched in 2016 to provide support and financing options for these types of “emerging market” producers.
Typical characteristics of eligible operations are as follows:
- Producers selling at least 20% of their products direct to consumers
- Producers farming approximately 5 to 80 acres
- Niche operations producing a specialty crop or livestock
Producers must be identified as a bona fide farmer or rancher, a processing or marketing operation “directly related” to the operations of a bona fide farmer (provided some portion of throughput is provided by the farmer), or a business furnishing farm-related services
Loan amounts are typically limited to $1 million.
A team of specially trained loan officers is available throughout the Association’s territory to assist emerging market producers with their financial needs:
Heather Gibson, Kansas
Becky Steckel, Colorado
Christine Taylor, Nevada and Northern California
Audrey Lopes-Dermond, Central California
Ruth McClure, Northern California
Allison Paap, Southern California