Cultivate Illinois Alternative Agriculture Loan Program

  • Office of the State Treasurer
  • 300 West Jefferson St., 2nd floor,
  • Springfield, IL 62702
  • Phone: (217) 782-2072 or (312) 814-1244
  • Fax:
  • TDD:
  • Email:
  • Website:

Purpose of the Program

Through the Cultivate Illinois Alternative Agriculture loan program, the Treasurer’s Office helps farmers invest in enterprises such as vineyards, fish farms, and pick-your-own farms.

Who is Eligible

Program Eligibility:

The applicant must demonstrate that a Cultivate Illinois loan can help him/her create or enhance farm operations and/or crop production.

A participating Illinois financial institution must approve each borrower’s application.

The applicant’s property must be located entirely in Illinois.

Application Process

How to Apply:

Apply for a loan at a participating financial institution and agree to use the Cultivate Illinois program.

Complete the Cultivate Illinois Alternative Agriculture Loan program application and forward your application package, including all required documentation, to the Treasurer’s Office. Your financial institution will often provide you with this application and forward it to our office on your behalf.

Your financial institution must submit a completed application for deposit. Please contact the Treasurer’s Office before completing this application. The contact information is listed on the application.

Our office may contact you by phone to further explore your situation.

The Treasurer’s Loan Committee will review your application for approval. The committee

meets twice monthly.

Availability of Funds

Amounts and Terms:

Applicants can receive loans up to $200,000.

The below market interest rate is available for two years with the possibility of a three-year extension. Sixth and seventh year renewal is available for grape and vineyard production.

The Treasurer’s Office may require a site visit prior to approval.

How Funds are to be used

Uses of Cultivate alternative agriculture loans can include: land acquisition, inventory, new and used farm equipment, specialty crops, construction and plant stock such as grapes for wine-making.

Types of Assistance


Year Program was established