The Illinois agriculture industry employs one in four people either directly or indirectly. For over 32 years, the Treasurer's office has been providing opportunities for Illinois farmers through the Ag Invest program.
Through Ag Invest the Treasury partners with approved financial institutions to provide qualified farmers and agriculture professionals below market rate loans to start, expand or add value to their farm operations.
By offering reduced interest rate loans, the Treasury aims to lower the overall cost of improving a farm or value added business. The loans provided by the financial institution can be used for the purchase farm equipment, purchase of land, construction related expenses, or other costs related to conventional, sustainable, or value added farming.
Please contact us for more information about the loan possibilities for your farm, or call (217) 557-6436.
The Treasurer’s Ag Invest loan program is the nation’s most expansive agriculture deposit program. Since 1983, Ag Invest has loaned more than $1 billion in annual and long-term loans.
In addition to the Annual Agriculture Loan Program, the Illinois State Treasurer’s Office began the Long-Term Loan Program in 2000. Agricultural professionals across the state have taken advantage of our below-market rates to help grow their farm operations.
In 2012, the Treasurer’s office introduced a fast track version of the Ag Invest program, which helps eligible financial institutions serve their Ag Invest clients more effectively by shortening the approval process from 10 business days to just 24 - 48 hours.