Agriculture
“Farming and agri-industry in Illinois are critical components of our economy. IFA is committed to supporting this market and in helping these businesses to grow. ”
Livestock, land, equipment, value-added processing, debt consolidation—Illinois farmers, livestock producers and agribusiness owners can leverage their ability to begin, expand or improve operations, with a little help from the Illinois Finance Authority.
Latest News
Exciting News for Illinois Beginning Farmers!
The limit for Beginning Farmer Bonds increased from $250,000 to $470,100 with the passage of SB260, effective 1-1-10.
With this increase, IFA's Beginning Farmer Bonds are now an even more effective tool for financing farmland for small and beginning Farmers. Thanks to the efforts of Senate Sponsor Mike Frerichs, House Sponsor Bill Black, the Illinois Farm Bureau, and IFA Agricultural Funding Manager Eric Reed, the new limit will allow Illinois to keep family farms in Illinois.
Click here to learn more.New 45MG Biodiesel Plant Opens in Danville
$15 million agri-industry loan guarantee from IFA helps get project going ... learn more
Another Banner Year for Agriculture
IFA's Agriculture sector completed 70 Beginning Farmer Bonds and Agriculture Guarantees in fy2008 and more than 350 projects since 2004.
Buying Land for the First Time?
The Beginning Farmer Bond Program provides financing for land purchases at a reduced or below-market interest rate. This program is a great tool for those producers who are buying land for the first time, whether they have been farming for years or just coming back to the farm after college.
Purchases from related parties are allowed under the program, and the program can be used in a contract-for-deed scenario. ... learn more
Farm Purchase Guarantee Program Offers Many Uses
Learn about this new credit enhancement program for the young or experienced farmer, rancher, or agri-business to purchase farmland, upgrade facilities, or improve farmland for soil or water conservation... learn more
Ask a Question
Meet Your IFA Ag Team
IFA's Ag team offers extensive expertise in market segments and financing structures. They help identify critical market needs and assist with client projects where affordable access to capital makes the difference in financial feasibility. Meet the team …
IFA "Perspective"
IFA programs are helping to keep Illinois a competitive state in agriculture and agri-industry. Our financing options focus on getting individual producers and industry partners started, and then supporting them through the good years as well as the tough ones … learn more
Guarantees – A Best Practice
Now is a good time to talk to your lender about securing your loans with an IFA guarantee. IFA offers loan guarantees to support young farmers, specialized livestock operations and agri-industries, to assist with value-added stock purchases, and to help restructure debt. These programs are there to help you succeed – and you don't need to wait. Shoring up credits in a good year – as well as a tough year – should be a best practice in agricultural finance … learn more
Participation Loan Program
IFA provides support for financial services and farm operators by participating in a loan transaction. This interest-rate reduction program is offered in conjunction with your lender … learn more
Approved Ag Lenders
Across the state, IFA is recognizing its Approved Ag Lenders for the important role they play in implementing IFA's financing programs for agriculture.
Click here to find an Approved Ag Lender near you.
Guaranteed Secondary Market Loan Program
Now Available... learn more
