The Dairy Improvement Loan Fund (DIF) provides financing to help Maine agricultural businesses undertake projects to enhance the viability and vitality of the farm, and improve the manufacturing, marketability and production of their products.
An eligible Borrower must:
Be a dairy enterprise, dairy, dairy farm, or business making milk products;
Keep cows, sheep and/or goats that contribute milk to your products;
Be located in the State of Maine and currently producing milk products that are sold commercially; and
Propose a project that is an eligible use of the fund.
Eligible Uses of the Fund
The Fund may be used to:
Design, construct, or improve milking parlors, dairy barns and structures, and dairy feed storage structures; or
Purchase, construct, or renovate buildings, land and equipment to maintain and enhance the viability and vitality of an established dairy enterprise, dairy, dairy farm, or business making milk products, located in the State of Maine.
Ineligible Uses of the Fund
The Fund may not be used for:
Working capital; or
Refinancing projects commenced, costs incurred, or expenses paid prior to loan application. However, the Borrower may submit a written request for a waiver. Such waiver must be approved in writing by the Commissioner of the Department of Agriculture, Conservation and Forestry (DACF).
Deferred principal and interest payments may be available up to 24 months from closing; interest accrues beginning at closing.
Up to 30 years and determined by the useful life of the asset(s) being financed.
Loan origination fee: 1% (for loans over $100,000).
Borrower is responsible for all loan closing costs.
Direct Farm Operating Loan
Farm Service Agency
- Animal Purchase
- Cash Rent
- Pest Management
- Legal & Finance
- Water Management
- Waterway Protection
- Water Quality
- Reduced Tillage
Farm Storage Facility Loan Program (FSFL)
Farm Service Agency
- Delivery Vehicle
- Pulse Crops
- Maple Sap
Rural Energy for America Program (REAP)
Rural Development · Due Mar 31
- Cost Share
- Alternative Energy
- Solar Power
- Wind Energy
- Hydro Power
Agriculture Risk Coverage and Price Loss Coverage Programs (ARC/PLC)
Farm Service Agency · Due Mar 15
- Risk Management
- Sunflower Seeds
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July 19, 2021
Maine Department of Agriculture, Conservation, and Forestry (ME DACF)
Maximum Award Amount
Updated October 8, 2021
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