There are food entrepreneurs that may not be aware of the Whole Foods Market’s Local Producer Loan Program (LPLP) which provides up to $10 million in low-interest loans to small, local producers. The funds work to support local farmers and food producers, providing them a more functional way to “grow” their business. The loans range from $1,000 to $100,000 and can be for things like purchasing more animals, investing in new equipment or converting to organic production. Wholefoods minimizes the fees, interest rates and paperwork that can often prevent a small local farm or business from expanding its operation.
