Field Notes Blog > SmartStart Enhancements Benefit Young, Beginning and Small Farmers
SmartStart Enhancements Benefit Young, Beginning and Small Farmers
August 16, 2019
Are you a young, beginning or small farmer searching for additional financing to establish your business? Do you want to boost your financial management literacy? We can help.
AgChoice recently introduced significant upgrades to its existing SmartStart program to broaden its reach to young, beginning and small farmers and increase the program’s impact. AgChoice supports the future of Pennsylvania agriculture and is dedicated to the success of today’s beginning farmers.
Highlights of the enhancements include:
SmartStart incentives are now available to part-time farmers, as well as full-time farmers.
SmartStart EXPRESS, a new extension of SmartStart, is for start-up farmers applying for loans of $50,000 or less. Farmers complete a shortened application and receive special pricing.
Simplified requirements for traditional SmartStart loans which is more flexible for borrowers, while still offering 0.25% and 0.50% rate reductions for completion of educational activities.
The addition of an educational reimbursement program, offering $250 reimbursements to young, beginning and small farmers for attending trainings on production, business or financial management topics.
Registration in SmartStart is free and open to any young, beginning or small farmers in AgChoice’s territory. Learn more about SmartStart and sign up by reaching out to your local AgChoice branch or visiting agchoice.com.