The Carrot Project offers small loans and technical assistance for farmers and processors, check it out! The Carrot Project Loans and Financial Technical Assistance
The Carrot Project offers specific programs for both loans and related financial technical assistance for producers and processors. Capital or operating loans of $5,000-$35,000, at 7% interest, are available to farm, forestry and fishery businesses, and to processing, distribution and storage enterprises with any type of local agricultural product.
Assistance preparing application materials is available, including cash flow projections and enterprise budgets for new projects. Loans are available for businesses who may not be able to obtain financing elsewhere including startups and beginning farmers. Businesses that already have a working business plan are ideally suited to apply.
Sign up Now! Free Financial Planning Services Available
The Carrot Project is looking to work with farmers who are interested in several financial planning sessions over the next two years. Project participants are eligible to receive free financial planning services, like cash flow planning or business plan updates. Participation is for two years, and requires the submission of anonymous financial information. The study outcomes will help explain the returns on investments in lending and support services for farmers across the Northeast. Farmers are encouraged to sign-up before March. This project is funded through the Research and Education Program of Northeast SARE. Learn More
For questions contact: Benneth Phelps, 413.650.6151 or firstname.lastname@example.org