Women Entrepreneur Program

Type
EXPERT ADVICE
LOANS AND CAPITAL INVESTMENTS
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

The Women Entrepreneur Program is designed specifically for women like you in agriculture, agribusiness, and food. This program offers $500 million in lending over the next three years, providing you with the capital needed to start or grow your business. Additionally, you will benefit from a one-time loan processing fee waiver of up to $1,000, which you can invest in skill development tailored to your business needs.

Why should you apply?

  • Access to financing: Secure the funds necessary for your business operations and growth.
  • Skill development: Enhance your business acumen through events and resources focused on your needs.
  • Networking opportunities: Connect with industry leaders and organizations to inspire and support your journey.

This program offers flexible rates and payment structures, making it easier for you to manage your finances. By being approved, you will gain not only financial support but also valuable knowledge and connections that can propel your business forward. The qualification process is straightforward, ensuring you can quickly access the benefits designed to help you succeed.

Financing Details

Type of Financing:

  • Loan: The Women Entrepreneur Loan is designed to help women in agriculture and food industries start or grow their businesses.

Repayment Terms:

  • Interest Rates: Connect with an FCC Relationship Manager to determine rates and payment structures that work for you.
  • Repayment Term: Customized to fit your business needs.

Eligible Expenses:

  • Skill Development: Invest in skill development that best suits your business needs.
  • Business Growth: Funds can be used for various business growth activities.

Use of Funds:

  • Not Allowed: The funds cannot be used for personal expenses or non-business-related activities.

Fees:

  • Processing Fee Waiver: One-time loan processing fee waiver for up to $1,000 throughout the lifetime of the program.

Qualifications

  • Must be a woman involved in agriculture and/or food.
  • Must be seeking to start or grow a business in the agriculture, agribusiness, or food industry.

  • Disqualifications:

    • None specified.

Description

The Women Entrepreneur Program is designed to support women in agriculture, agribusiness, and food. Your business can access up to $500 million in loans over the next three years. This funding can help you start or grow your business, providing the capital you need to succeed.

You can use the loan for various purposes, such as buying equipment, expanding your operations, or improving your facilities. Additionally, there is a one-time loan processing fee waiver of up to $1,000, which you can invest in skill development tailored to your business needs.

The program also offers valuable resources. You will have access to events, mentorship opportunities, and tools to enhance your business skills. This is a great chance to connect with industry experts and other entrepreneurs, helping you build a stronger, more successful business.

Program Steps

  1. Gather Required Documentation:

    • Business Plan
    • Financial Statements
    • Proof of Ownership
    • Personal Identification
    • Credit History
    • Details of Intended Use of Funds
  2. Contact an FCC Relationship Manager:

    • Call 1-888-332-3301
    • Discuss your business needs
    • Determine suitable rates and payment structures
  3. Prepare Your Application:

    • Complete the loan application form
    • Include all gathered documentation
    • Ensure all information is accurate and complete
  4. Submit Your Application:

    • Submit the completed application and documentation to your local FCC office
    • Confirm receipt and any additional steps required
  5. Review and Follow-Up:

    • Wait for the review process
    • Be available for any additional information requests
    • Follow up with the FCC Relationship Manager if needed
  6. Approval and Loan Agreement:

    • Upon approval, review the loan terms
    • Discuss the repayment schedule and any fees
    • Sign the loan agreement
  7. Receive Loan Funds:

    • Funds will be disbursed as agreed
    • Use the funds for the intended business purposes
  8. Invest in Skill Development:

    • Utilize the one-time loan processing fee waiver (up to $1,000) for skill development
    • Choose training or development that suits your business needs
  9. Stay Informed and Connected:

    • Attend FCC events and mentorship opportunities
    • Access resources and tools provided by FCC for ongoing support and growth
Visit Program Website