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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?