Last updated: January 21. 2014 5:41PM - 630 Views
Staff Reports

Story Tools:

Font Size:

Social Media:

COLUMBUS — The application period for Ohio farmers to participate in the Ohio Treasury’s 2014 Agricultural Linked Deposit Program (Ag-LINK) has opened. Farmers may submit online applications for interest rate reductions on agricultural startup loans through 5 p.m. March 12, Ohio Treasurer Josh Mandel said.

Through Ag-LINK, now in its 29th year of existence, Ohio farmers can apply for an interest rate reduction on new or existing loans or lines of credit up to $150,000.

To participate in Ag-LINK, farms must be for-profit and be headquartered, along with more than half of their operations maintained, in Ohio. To qualify, a farmer must apply and be approved for an operating loan or line of credit from a farm credit lender or eligible bank. After approval, the applicant may apply for an interest rate reduction from the Ohio Treasury’s Ag-LINK program.

Information on the program and eligibility requirements can be found by visiting the State Treasurer’s website at http://j.mp/1bgxpJW or by calling the State Treasurer’s Economic Development Department at 800-228-1102 (Option 3).

All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus

Featured Businesses


Info Minute

Gas Prices

Lima Gas Prices provided by GasBuddy.com