Reduced rates on operating loans


Agriculture is the backbone of Ohio's economy and critical to our state’s long-term success. However, farmers continue to face challenges when it comes to financing for operations.

Through Ag-LINK, farm operators, agribusinesses, and co-ops can receive up to a 3% interest rate reduction on new or existing operating loans.

For more than 30 years, the program has helped Ohio’s agricultural community to finance upfront costs for feed, seed, fertilizer, fuel, equipment, and other expenses.

Video of Treasurer Sprague describing Ag-LINK


  • 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. 
    PDF application for reference only)
  • 2024 Ag-LINK Schedule (2/20/2024)
  • To calculate interest owed on deposits at maturity: 
  • Apr - Jun 2024 Ag-LINK Interest Rate Calculator
    Jan - Mar 2024 Ag-LINK Interest Rate Calculator
    Oct - Dec 2023 Ag-LINK Interest Rate Calculator
    Jul - Sep 2023 Ag-LINK Interest Rate Calculator
    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]