GreenStone cultivateGrowth Grant Program

GreenStone cultivateGrowth Grant Program is sponsored by GreenStone Farm Credit Services. This program from GreenStone Farm Credit Services supports growth in the agricultural sector. If Nomadx Holdings II LLC's technology can be directly applied to agricultural operations (e.

g. , on-farm detection, pre-processing), this could be a relevant funding source.

Loans for Young, Beginning, & Small Farmers | GreenStone Farm Credit Services Loans for Young, Beginning, & Small Farmers | GreenStone Farm Credit Services Young, Beginning, & Small Farmers Supporting the next generation of agriculture. We offer young, beginning, and small farmers grants, education, mentorship, and specialized financing to build and sustain a successful agricultural operation. Individuals between 18–35 years old.

Farmers with 10 years of experience or less. Earn less than $350,000 in annual gross sales from production agriculture. Financing that helps emerging farmers flourish.

Lending solutions tailored to you We offer specialized lending with relaxed underwriting standards tailored to your unique needs in order to support the next generation of agriculture.

In addition to our relaxed loan standards for all young, beginning, and small farmer financing needs, we also offer custom loan options for up to $100,000 in operating or intermediate loans and $100,000 in long-term loans to eligible farmers with limited credit and collateral. Emerging loan borrowers who complete our CultivateGrowth Emerging Loans Education Program also qualify for an interest rate reduction on the loan.

CultivateGrowth Emerging Loan Program Details Your growth is a worthy investment. Investing in your success with grants for continuing agriculture education Our CultivateGrowth Grant provides $40,000 annually to help cover or offset the costs of strengthening and continuing agricultural education. Up to $1,000 is available for current GreenStone members and up to $500 for non-GreenStone members.

CultivateGrowth Grants can be used toward: Agricultural programs and events Attend an agricultural conference, participate in a workshop, learn a new skill, and more to help grow your operation. GreenStone business resources First time use of GreenStone’s accounting, payroll, or tax planning and preparation experts to help you save time.

Benefit from expert advice on business consulting, farm planning, and more to learn skills specific to your operation. CultivateGrowth Mentorship Putting the power of experience to work for you. Cultivating knowledge through experience Whether you’re a young, beginning, or small farmer or an experienced farmer who believes in the power of shared wisdom, our CultivateGrowth Mentorship program is for you.

The mentorship program partners young, beginning, and small farmers with established farmers to provide business coaching, networking, and mentoring opportunities. Over the course of 18 months, mentees will learn from mentors as they discuss the cornerstones of running a successful farm: like creating an effective business plan, managing risk, utilizing resources, and overseeing day-to-day operations.

Equipping young, beginning, & small farmers with the education they need today. Agriculture is an ever-evolving industry, and education is a competitive advantage. We want to give young, beginning, and small farmers the opportunity to gain the knowledge they need to navigate today’s modern marketplace.

Opportunities to learn and grow Our diverse program offers a broad range of educational opportunities and partnerships, from events and courses to workshops and peer-to-peer mentoring. Educational Opportunities The cost of many educational opportunities may be offset or covered by GreenStone’s CultivateGrowth Grant.

GreenStone CultivateGrowth Conference Attend GreenStone’s CultivateGrowth Conference focused on educating and supporting young, beginning, and small farmers. More information will be available as the event nears. Tax and Accounting Review Meet with a GreenStone tax and accounting specialist to review your financials and discuss how to use accounting information to make effective farm management decisions.

Business Plan and Financial Checklist Assistance Business plan and financial records templates are available to review with your financial services officer. Educational Conferences, Industry Events and Financial Training Courses Support for ongoing education and training to assist young, beginning, and small farmers with reaching their personal and professional goals. Get an interest rate reduction through our Emerging Loan Program.

Individuals who secure a CultivateGrowth Emerging Loan are eligible to receive an interest rate reduction on their loan upon the completion of their CultivateGrowth Emerging Loan Education.

3 Things Your Lender Wants You to Know as a Beginning Farmer The Five Cs of Credit: What Your Lender Wants to See How a Fourth Generation Farmer Forged Her Own Path Financial Planning Tips for Young, Beginning, and Small Farmers How to Make a Farm Income from your Backyard With GreenStone, everything works together.

Insurance Safeguarding you, your operation, and your livelihood through crop, livestock, and life insurance coverage options. Tax & Accounting Streamlining your finances and maximizing your efficiency through our expert tax, accounting, and payroll services. “We know Kim is looking out for us and our best interest.

She makes regular visits to the farm for check-ins, and for us that’s really important because working with a lender who truly understands who you are and what your business does is always easier to work with. What I appreciate about Kim is the personal interaction we get with her, whether that’s her stopping by the farm or just picking up the phone to call her whenever.

You don’t always get that with other traditional lenders you work with. ” “This grant came from a simple networking opportunity, and it has been incredibly valuable to us. We truly appreciate GreenStone and their continued support for our farm and business growth.

” “Collin was great about getting all of the resources together and helping us through the tough decisions and conversations and making sure we had everything thought through before we went forward with everything. He helped every little step of the way, helping with the FSA side of things. He was really looking out for us and our operation.

He knew our goal, too, which was really important. ” “We were referred to GreenStone, and the experience has been outstanding. They have terrific customer service and lots of options and alternatives to assist in terms of repayments or refinancing.

GreenStone has been fabulous. ” We’ve returned more than $1. 2 billion in profits to our members, including $125 million this year.

When our members are successful, we’re successful — partnership pays! Young, Beginning, & Small Farmers Frequently Asked Questions How are the underwriting requirements different? GreenStone serves the unique needs of young, beginning and small farmers through specialized lending programs that extend credit in a safe and sound manner.

Depending on the varying programs utilized in partnership with FSA our underwriting standards are relaxed to a level of Owner Equity and Loan to Value that accommodates someone who is just starting out. How do I apply for a beginning farmer FSA loan? Young, beginning and small farmers can initiate the conversation with one of our local branches or an FSA office.

GreenStone can identify customers who may benefit from an FSA program, and make recommendations and initiate the introduction, even for customers seeking direct financing from FSA. Conversely, if a customer reaches out to FSA initially for one of the programs on which we partner, FSA will reach out to an ag lender. We will then discuss the farmer’s needs and how to best structure the financing.

Moving forward in the process, the customer will communicate with both FSA and the lender with the two organizations working side-by-side. How long does the loan process take? We strive to have very competitive turn-around times that meet our customers’ needs while providing the very best options.

The loan process turn times do vary based on the scope and complexity of the operation, if the FSA is involved and type of loan program that best fits our customers’ needs. What is flexible repayment? GreenStone is committed to meeting the needs of our customers and we work hard to match your payment frequency options to the cash flow of the operation.

Our dedicated team of experts are here to help.