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Farmer Eligibility
- Debt-to-asset ratio of 40% or greater.
- Must have sufficient collateral to cover the value of the CROP loan.
- Have not defaulted on previous WHEDA loans (farmer would become eligible
upon repayment).
- Reside in Wisconsin, or if a partnership or corporation the entity
must be legally registered in Wisconsin.
- Actively engaged in the operation and current in child support payments,
if any.
- Farm located in Wisconsin.
- Unable to obtain conventional financing at reasonable terms.
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