Reduced rates on operating loans

- An eligible borrower:
- Is either organized for profit or as an agricultural cooperative;
- Must have headquarters and 51% of operations maintained in Ohio;
- Must use the loan exclusively for agricultural purposes; and
- Must agree to comply with all program and financial institution regulations.
- The Ag-Link application period is available year-round.
- After the loan officer submits the online Ag-LINK application on behalf of the farmer or agribusiness, the Ohio Treasurer’s office begins the review process.
- If all eligibility criteria are met, the application is approved.
- Upon request from the financial institution, the Ohio Treasurer’s office will make a deposit or purchase an investment at a below-market rate.
- The financial institution offsets the borrower's interest rate by the same discounted rate.
- Click here to view a list of eligible financial institutions.
- Apply for an operating loan or line of credit at a participating financial institution.
- After loan terms are determined, the loan officer will complete the online application.
(view PDF application for reference only) - 2023 Ag-LINK Schedule (12/6/2022)
- To calculate interest owed on deposits at maturity: - Apr - Jun 2023 Ag-LINK Interest Rate Calculator
- For more information on Ag-LINK, contact us by phone at 614-466-6546 or by email at [email protected].
- Jan - Mar 2023 Ag-LINK Interest Rate Calculator
- Nov - Dec 2022 Ag-LINK Interest Rate Calculator
- Aug - Oct 2022 Ag-LINK Interest Rate Calculator
- May - Jul 2022 Ag-LINK Interest Rate Calculator