ALASKA

John Torgerson
Alaska Department of Natural Resources -- Division of Agriculture
Agricultural Revolving Loan Fund
1800 Glenn Highway, Suite 12
Palmer, AK 99645
(907) 761-3851
FAX (907) 745-7112
john_torgerson@dnr.state.ak.us
Organization Began: 1953

Agricultural Revolving Loan Fund (ARLF)
John Torgerson
Farmers, ranchers, homesteaders, partnerships or corporations

The Alaska Agriculture Loan Act is designed to promote more rapid development of agriculture as an industry. Six types of loans are available to qualified applicants: 1) Farmer Development, loans to construct farm buildings and build or renovate other farm facilities; 2) Chattel, loans to purchase equipment or livestock; 3) Short Term, loans to finance annual operating expenses for seed, feed, fertilizer, as well as other harvesting and planting activities; 4) Irrigation, loans to purchase and install irrigation systems and equipment; 5) Product Processing, loans to build, equip and operate facilities to process products from Alaskan farms; and 6) Clearing, loans to provide for land clearing.

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All contents copyright National Council of State Agricultural Finance Programs.