The Farm and Ranch Prosperity Fund is composed of debt and equity capital from a diverse group of social impact investors. Funds are provided through investments of debt, as well as grants for equity, from social impact investors representing private foundations, community foundations, wealth management offices, banks, and public agencies. Banks have an opportunity to fulfill obligations required by the Community Reinvestment Act when they make equity-equivalent (EQ2) investments with California FarmLink. Donors and foundations have the opportunity to make contributions to the loan fund to build its equity and thus support its potential for near-term leverage and long-term growth.
California FarmLink is certified by the U.S. Treasury as a Community Development Financial Institution. Our purpose as a CDFI is to provide loans to low-income farmers and ranchers who may not otherwise be able to access affordable business loans.
Sample Investment Terms:
- Minimum Investment: $250,000
- Maximum Investment: $5 million
- Typical Term: 3 – 30 years
- Interest rate: 0% – 3%*
*dependent on principal amount, term, and investor requirements including but not limited to loan and interest forgiveness, geographic restrictions, specific populations of farmers served, and other social impact metrics.