Cover photo for Livestock Loan Participation

Livestock Loan Participation

South Dakota Governor's Office of Economic Development


The Livestock Loan Participation Program is designed to enable farmers and ranchers of limited equity to procure livestock loans at rates and terms which the applicant can reasonably be expected to meet, and thereby utilize available feed, facilities, labor, and management skills. The program participates with banks and borrowers to assist financing 50% of livestock purchases, with a maximum loan of $200,000. Use of funds: livestock purchase. Terms: 3.5% fixed (2.5% fixed for small/beginning farmers); up to 7 year term; participation loan.


Eligibility

Farmers and ranchers of limited equity in South Dakota. Financing covers up to 50% of livestock purchases, with a maximum loan of $200,000.


Details

Financial Instrument

Loan

Maximum Award Amount

$200,000


Application Instructions

Complete the Livestock Loan Participation Application (available from SDGOED). Contact the South Dakota Governor's Office of Economic Development.



Updated September 4, 2026

Image Credit: laurens desoete

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