Agribusiness Guarantee

The Agribusiness Guarantee helps new or existing businesses obtain financing on favorable terms to develop or expand production of products using Wisconsin's raw agricultural commodities.

Features & Benefits

Lower Interest Rate—improves profitability
Longer Term and Amortization—lowers monthly payment
Use for Working Capital—finance more than fixed assets and inventory
Reduce Risk for the Lender—makes it easier to approve a loan

Terms

Maximum guarantee is lesser of 50% of the loan or $375,000 for fixed assets, permanent working capital, and inventory. The loan amount may not exceed $750,000.
Maximum guarantee is lesser of 50% of the loan or $200,000 for revolving working capital.

Examples for fixed assets, permanent working capital and inventory loans/guarantees:

Principal Amount	Maximum Guarantee	Guarantee Amount
$250,000	50%	$125,000
$500,000	50%	$250,000
$750,000	50%	$375,000

Fees

Closing fee 3.0% of guaranteed amount of the loan*
Servicing fee of 0.50% on the outstanding guarantee amount due annually and it is to be paid by the Lender

*May be financed and included in loan request, but this portion will not be guaranteed.

How to Use the Agribusiness Guarantee

Gives you a summary of the process.

For Businesses
For Lenders

Frequently Asked Questions

For Businesses

General
Eligible Businesses
Eligible Use of Loan Proceeds
Procedures

For Lenders

Eligible Businesses
Eligible Use of Loan Proceeds
Underwriting
Servicing Responsibilities

Eligibility

Business Eligibility
What types of businesses are eligible?
Use of Loan Proceeds
What are the eligible uses for the proceeds of a WHEDA® guaranteed loan?