Friday, July 6, 2007

A Hand from Whole Foods

"Organic farmers looking to expand their operation may apply for low interest loans from Whole Foods Market, a nationally certified organic grocer.

Through the local producer loan program the company plans to offer up to $10 million annually in loans to qualifying producers. The interest rates are based on the prime rate currently ranging from 5% to 9% fixed or variable with annual resets."

Read the article