What You Need to Know: Loan Readiness for First Time Borrowers Webinar

Описание: Applying for a loan for your farm or food business can be intimidating, but it doesn’t have to be. In this webinar recording from June 4, 2025, Network Coordinators Jamzin Bolan-Williamson and Madelina DiLisi (Great Lakes Midwest Regional Food Business Center) highlight different financing options for first-time borrowers and discuss common lender expectations. This webinar provides first-time borrowers with a loan readiness checklist and free resources to kick-start their financing journey with confidence.

Per the USDA announcement on July 15, 2025, the Regional Food Business Centers program was terminated, prior to its original end date of July 2028. Because of this, the Great Lakes Midwest Regional Food Business Center halted operations on September 15, 2025 and was unable to responsibly launch the Business Builder Subaward and assistance programs. Please see our related press release (https://www.canr.msu.edu/news/usda-cl... ). Resources intended to help food and farm businesses will remain freely available on this website and additional resources can be found at https://foodsystems.msu.edu/resources
 
About the Great Lakes Midwest Regional Food Business Center   
The Great Lakes Midwest Regional Food Business Center was dedicated to offering coordination, technical assistance, and capacity building opportunities for farmers, producers, and other food business owners in support of a more resilient and competitive food system. Michigan State University Center for Regional Food Systems (MI) (https://www.canr.msu.edu/foodsystems/) coordinated the Great Lakes Midwest Regional Food Business Center comprised of network coordinators – Chicago Food Policy Action Council (IL) (https://www.chicagofoodpolicy.com/) , Northwest Indiana Food Council (IN) (https://www.nwifoodcouncil.org/), Food Finance Institute of the University of Wisconsin System (WI) (https://foodfinanceinstitute.org/), and the Menominee Indian Tribe of Wisconsin Department of Agriculture and Food Systems (https://www.menominee-nsn.gov/Governm...) – who sought to take a transformational, rather than transactional, approach. Learn more at https://glm-rfbc.msu.edu