The Missouri Agricultural and Small Business Authority makes grants, loans, loan guarantees and tax credits available at competitive rates. MASBDA offerings are only a portion of financial assistance programs available to Missouri producers available on the Missouri Department of Agriculture website.
The Missouri Value-Added Agriculture Loan Guarantee Program provides a 50% first-loss guarantee on collateralized loans up tp $250,000 that lenders who make agricultural business development loans for the acquisition, construction, improvement, or rehabilitation of agricultural property used for the purpose of processing, manufacturing, marketing, exporting, and adding value to an agricultural product. A qualifying agribusiness is defined as any business whose primary customer base is producers of agricultural goods and products or any business whose function is the support of agricultural production or processing by providing goods and services used for producing or processing agricultural products.
The Missouri Agricultural and Small Business Development Authority provides a 50% first-loss guarantee on collateralized loans up to $250,000 that lenders make to independent livestock producers to finance the acquisition, construction, improvement, rehabilitation, or operation of land, buildings, facilities, equipment, machinery, and animal waste facilities used to produce poultry, hogs, beef or dairy cattle or other animals in a single purpose animal facility.