Maine Harvest Fcu Offers New Program to Assist with Farmland Purchases
July 17, 2020
Attorney Beth Boepple has been working with Maine Harvest FCU – the first in the country to focus on lending to small farms and food producers – and helped draft their first loan documents. Now, the credit union is offering a new program to new and existing farmers to assist with closing costs, refinancing, and expanding. Due to COVID-19, interest rates are at an all time low and the importance of Maine farms at a high – sparking an increase in farmland purchases and financing at lower rates.
Learn more about the program here.