Ineligible uses of proceeds include but are not limited to:
 | Seller-financed transactions, including land contracts | ||
| Working capital | ||
| Farm residence | ||
| Livestock to be kept for less than one year, specifically, feeder livestock | ||
| Expenses that do not directly increase agricultural production
|
If loan proceeds are disbursed for ineligible expenses, those disbursements are not eligible expenses for guarantee payment. Please contact WHEDA before proceeding if you have a questionable expense.
