South Dakota Works
The Livestock Loan Participation Program is designed to enable farmers and ranchers of limited equity to procure livestock loans at rates and terms which the applicant can reasonably be expected to meet and thereby utilize available feed, facilities, labor, and management skills.
The program participates with banks and borrowers to assist financing 50% of livestock purchases and a maximum loan of $200,000.
Livestock purchase
4.5% fixed (3.5% fixed for small/beginning farmers); Up to 7 year term; Participation loan
