The State of Hawaii, Department of Agriculture's Agricultural Loan Division administers the Agricultural Loan Program and the Aquaculture Loan Program. The intent of the programs is to help promote agricultural and aquacultural development of the State by providing credit at reasonable rates and terms to qualifying individuals or entities. Through the establishment of a revolving loan fund, credit is made available by supplementing private lender sector loan funds or by providing direct funding.
Considered a "lender of last resort", the program is not intended to compete with private sector lenders. Prospective applicants must inquire with and be denied credit from private sector lenders prior to filling an application. In addition, prospective applicants must fulfill applicable eligibility requirements. Applicants that are not able to obtain denials from the private lending sector may inquire with the private lender on the possibility of utilizing the insured/guaranty and/or participation loan facilities.
AGRICULTURAL LOAN DIVISION FACT SHEETS
Fact sheets describing the various types of loans are provided below. Prospective borrowers are urged to review the fact sheets to ensure that they are able to meet eligibility requirements prior to applying for a loan.
The application process requires the completion of forms and submittal of all applicable documents listed on the application form. Loan applications may be downloaded here or obtained from any Agricultural Loan Division Office listed below.
Prior to obtaining and completing the loan application, it is recommended that you meet with or call one of our loan officers. They are available to assist you in determining your eligibility for the loan program, address your questions, and provide guidance through the application process.