To help Ohio farmers and agribusinesses finance the up-front costs of this year’s growing season, Ohio Treasurer Robert Sprague has opened opened the application period for the Ag-LINK program, with applications accepted through March 20.
Through this application period, farm operators and agribusiness owners based in Ohio can receive an interest rate reduction on loans up to $150,000. Although the exact amount of the discount will be provided to lenders in late March, the minimum one percent discount announced by Treasurer Sprague in February 2019 remains in place.
Ag-LINK has been supporting Ohio’s farm community since 1986. The application period typically takes place early in the year prior to the start of the growing season.
Those interested in Ag-LINK should contact their aglender to begin the online loan application process.
More information on the Ag-LINK program can be found at http://ohiotreasurer.gov/aglink.