Whole Foods Market Helps Local Producers


Looking for a small loan to expand your hobby farm income possibilities? Whole Foods Market may be able to help. Through its Local Product Loan Program, Whole Foods makes low-interest loans totaling $10 million available to small local producers. Whether you grow crops, make value-added food products or some other all-natural grocery item, the Whole Foods loan program may just be the ticket you need to help fund your dream.

Loan recipients must:

  • Meet Whole Foods Market’s Quality Standards
  • Use funds for expansion (e.g., buy more animals or new equipment/infrastructure, expand crops), not operating expenses
  • Meet Whole Foods Market’s Animal Compassion Standards (if meat or dairy producers)
  • Have a viable business plan and adequate cash flow to service debt.

Whole Foods has recently provided loans for organically grown produce, flowers, bath products made from local ingredients, and a pasta sauce maker to expand his line of organic pasta sauces.

If you’re looking to expand your hobby farm and need a little financial help, check the Whole Foods Market Local Product Loan Program at http://www.wholefoodsmarket.com/products/locallygrown/lplp/index.html.

It could make all the difference.

To your farming success,

Karen


Posted on August 20th, 2007 in Resources by Karen Ritchie