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Small Business  Agriculture

Frequently Asked Questions for Businesses: Eligible Businesses

• What types of businesses qualify?
• I am in farming. Do I qualify for an Agribusiness Guarantee?
• Are cooperatives and nonprofit organizations eligible?

Other Business Questions

General
Eligible Use of Loan Proceeds
Procedures

What types of businesses qualify? 

The business must start with a Wisconsin grown, raw agricultural commodity and then do one of the following:

1. Create or expand production of a product that will increase the use of a raw agricultural commodity;
   
   Example: A cheese manufacturer creating a new cheese flavor.
   
   
2. Enhance the efficiency of the business.
   
   Example: A cheese manufacturer that purchases equipment to chill whey which allows it to be sold at a higher price than unchilled whey.

The business must also:

• Demonstrate it has made a notable effort to purchase a substantial percentage of its raw agricultural commodities from Wisconsin suppliers; and
• Be located in a Wisconsin municipality having a population of 50,000 or less.

I am in farming. Do I qualify for an Agribusiness Guarantee? 

No, businesses involved in direct production of agricultural commodities are not eligible. We do have two agricultural products targeted to farmers; one could work for you. These are the CROP and FARM guarantee programs. Click here to go to WHEDA®'s Agricultural products.

Are cooperatives and non-profit organizations eligible? 

Yes, as well as sole proprietorships, partnerships, and corporations.