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






