Loan Preparation for Beginning Farmers Workshops

Loan Preparation for Beginning Farmers

Loan Preparation for Beginning Farmers – Online Workshop Series 2020-21

Dec 7th / Jan 11th / Feb 8th / Mar 8th – noon-1pm

Are you new to the world of borrowing? Is the idea of taking out a loan for your farm business a bit intimidating? Loans are an important tool for growing any business and if approached with the right groundwork, can be a beneficial part of your business development.  

This FREE Loan Preparation for Beginning Farmers series will prepare new and beginning farmers with the tools needed to approach a lender. A kickoff session on December 7th plus 1hr sessions in Jan, Feb, and March will spotlight representatives from each of the three popular lenders for farmers: Greenstone Farm Credit, the USDA Farm Service Agency, and Northern Initiatives.

Learn more and REGISTER  for Loan Preparation for Beginning Farmers here:
https://migoodfoodfund.org/business-assistance/workshops/loanprepforfarmers/

WHEN:

  • Series launch event: Monday, December 7 at 12:00 PM EST
  • Three educational sessions featuring each lending organization listed below. Sessions will include opportunity for one-on-one “office hours” with the lenders.
    • Monday, January 11, 2021 at 12:00 PM EST hosted by GreenStone Farm Credit Services.
    • Monday, February 8, 2021 at 12:00 PM EST hosted by Northern Initiatives.
    • Monday, March 8, 2021 at 12:00 PM EST hosted by Farm Service

WHERE: Virtual training, register here

FOR WHOM: New and Beginning Farmers

COST: No-cost, Series offered by the Michigan Good Food Fund & MSU Extension

DESCRIPTION: Join us for the launch of the Loan Preparation for New and Beginning Farmers with panel discussions by our series instructors. You’ll have an opportunity to meet your instructors and hear them discuss the background of why lending is important, basics on how to apply for loans, and stories of successful lending. Participants will have the opportunity to ask questions to the series instructors.

BONUS: Michigan Good Food Fund mission-fit farm businesses are eligible for up to $500 to use towards accounting services (limited to 10 enterprises). If interested, apply here.

 

2 Comments on Loan Preparation for Beginning Farmers Workshops

  1. I want to start farming for food security in my community.
    How can I get help. Am from Kenya.

    • Hi Elizabeth, good luck getting started. We don’t offer funding if that is your question. I am unfamiliar with the beginning farmer support network in Kenya.

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