Carrot Project: Loans up to $50,000 to Farms and Food Enterprises

The Carrot Project Massachusetts Loan Programs by Region

Massachusetts (entire state)
• Loans from $3,000 to $50,000 available in Massachusetts
• Fixed interest rate of aprox 6%, and flexible 1-5 year terms
• Operating or capital loans available
• Serving producers, processors and other food system enterprises
• Free business, financial planning and application preparation assistance available to all borrowers
• To download an application, visit us on the web at: www.thecarrotproject.org/financing/massachusetts

The Greater Berkshire Agriculture Fund
Serving Four Counties: Dutchess, NY, Columbia, NY, Berkshire, MA,  Litchfield, CT  
• Loans from $5,000 to $75,000
• Fixed interest rate, currently 4.99%, and flexible terms of 1-7 years
• Serving producers, processors and other food system enterprises
• Operating or capital loans available
• Free business and financial planning and application preparation assistance available to all borrowers
• To download an application, visit us on the web at: www.thecarrotproject.org/financing/greater_berkshires

 

About The Carrot Project

Across the Northeast The Carrot Project provides financing and assistance so producers and processors thrive.

Free assistance is available to all potential borrowers, and in many cases free or cost-shared assistance is available for other farm and food enterprises. Our programs change often so please contact us to see what is currently available. Get help revising your business plan, generating cash flow projections, answering questions and decision making about accessing financing, or preparing materials for your The Carrot Project loan application.

The Carrot Project provides financing and business assistance so farm and food enterprises thrive.  We support farmers and food entrepreneurs to become ready for capital and manage it successfully. We offer specific programs for loans and related financial technical assistance for farm and food enterprises.  Our service are available to farm, forestry and fishery businesses, and to processing, distribution and storage enterprises with any type of local agricultural product. We serve those who may not be able to obtain financing elsewhere including startups and beginning farmers. Regions served include Vermont, Maine, Massachusetts, the Greater Berkshires and Hudson Valley.

Service Provider: 
The Carrot Project
Contact:
Benneth Phelps
617.674.2371
Frequency: 
As Needed
Cost: 
Free
Location: 
89 South Street, Suite 700, Boston, MA 02111-2670
Counties Served: 
Barnstable
Berkshire
Bristol
Dukes
Essex
Franklin
Hampden
Hampshire
Middlesex
Nantucket
Norfolk
Plymouth
Suffolk
Worcester
Resource Type: 
Loans
Technical Assistance or Consulting
Resource Category: 
Business Planning
Financial
Skill Level: 
New to farming
Farmer start up
Re-strategizing the farm
Established farmer