|
PAgrows seeks to offer technical assistance not only to borrowers looking for money,
but also the lenders looking to find a place in the agriculture lending market.
Few banks in Pennsylvania have extensive agriculture portfolios, the majority of
banks have little to no history in agriculture lending.
Pennsylvania Agriculture is the largest business sector in the state. With
an economic impact of over $44 billion and a global reach, the agriculture industry
in Pennsylvania is a large market for lenders looking to expand their portfolios.
Many of the state and federal programs require a private lender to provide a percentage
of the total loan. It is hoped that these programs will allow private lenders
to fund more loans or to provide funding for loans in instances where 100% private
financing would not be feasible.
PAgrows currently provides assistance to borrowers, lenders and service providers
on gaining access to low interest loans, grants and loan guarantee programs that
are available on the state and federal level.
This section of the site contains links and information of a more technical nature
to assist lenders. Please feel free to call our toll free number if you have
any questions or projects to which we can be of assistance.
|