The Missouri Linked Deposit Program partners with lenders to provide low-interest loans to help create and retain Missouri jobs, expand the economy and strengthen communities statewide.
The Missouri Linked Deposit Program for Agriculture assists agricultural operations and farmers by providing funds for production expenses, new farms, agricultural ventures, livestock and poultry production and renewable fuel production. Eligibility guidelines have expanded to eliminate equity limits for farmers participating in the Farming Operations Program.
There are five individual programs within the Missouri Linked Deposit Program for Agriculture:
- Each eligible Farming Operation and Beginning Farmer may qualify for deposits; there is no limit on the amount of the deposit. These loans are renewable for up to five years if funds are available.
- Eligible Livestock Operations and Agribusiness borrowers whose loans are guaranteed by the Missouri Agriculture and Small Business Development Authority may qualify for deposits up to $250,000. These loans are renewable for up to 10 years if funds are available.
- Facility Borrowers who have a certificate of qualification from the MASBDA may qualify for deposits up to $70 million. These deposits can be for five years and may be extended up to two additional periods of five years each for a maximum total of 15 years.
Download an Agriculture Loan Application to be completed with your lender