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The Division of Agriculture is open and available by phone or internet contact. We are also available for necessary in-person meetings by appointment. If you need any kind of assistance, please call 907-745-7200 and our staff will be glad to help you.


Financing for The Future

Established 1953


Thank you for your interest in ARLF loans. Due to increased phone calls and application volume, the process may take longer than usual. Please note, applications are taking a minimum of 30 days to process, so please plan accordingly. In order to have your application processed in a timely manner, please complete each required form prior to submitting the application package. When you are ready to apply please email, mail, or fax in the complete application package.

The Agricultural Revolving Loan Fund (ARLF) application and supporting documents can be found below. The objective of the ARLF is to promote the development of agriculture as an industry throughout the State by means of moderate interest rate loans.

  • SHORT TERM - loans to finance annual operating expenses such as seed, feed, fertlizer, harvesting or planting activities.
  • CHATTEL - loans to purchase equipment or livestock.
  • FARM DEVELOPMENT - loans to purchase real property and construct non-residential improvements for agricultural purposes.
  • IRRIGATION - loans to purchase and install irrigation systems.
  • PRODUCT PROCESSING - loans to build and equip facilities to process Alaska agricultural products.
  • CLEARING - loans to provide for land clearing.
Loan Type Maximum Loan Maximum Term Fixed Rate
Short Term $200,000 1 year 3.00%
Chattel $1,000,000 7 years 3.00%
Farm Development $1,000,000 30 years 3.50%
Irrigation $1,000,000 30 years 3.50%
Product Processing $250,000 30 years 3.50%
Clearing $250,000 20 years 3.50%

Total outstanding balances of ARLF loans for a borrower may not exceed $1,000,000


Loan applications must be submitted on ARLF forms. Required information provided on forms other than those provided by ARLF are subject to ARLF Loan Officer review. Applications are processed and reviewed by the ARLF staff. Completed applications are submitted to the Board of Agriculture & Conservation (BAC) for consideration at the next scheduled meeting.

    2021 BAC Meeting Schedule

  • January 12,2021
  • February 9, 2021
  • March 9, 2021
  • April 13, 2021
  • May 11, 2021
  • June - As needed
  • July - As needed
  • August - As needed
  • September 14, 2021
  • October 12, 2021
  • November 9, 2021
  • December 14, 2021


Loans may be made to individuals, partnerships, joint ventures, corporations or other business entities. Proof of current Alaska residency must be provided by applicants at loan closing. A statement of Agricultural and other business experience with evidence of necessary related skills and training is required.


Loan funds may only be used for agricultural production or processing operations in Alaska. Loans may not exceed 75% of the value of the collateral, less existing liens.


Loans must be secured by adequate collateral as appraised by the ARLF or an independent appraiser. Collateral for consideration may include land, improvements, machinery, equipment, crops or livestock. Property insurance, naming ARLF as loss payee, is required on buildings and all vehicles, machinery, equipment and livestock that are stored in buildings and used as collateral.


Loan terms, including payment terms, will be based on applicant's ability to service the loan. Payment terms may be monthly, quarterly, semi-annual, annual or variable.


Fixed interest rates are comparable to rates charged by other Alaska agricultural lenders and established by the BAC. A non-refundable $50 application fee is required. If you have any questions, please contact:

Mandy Toong
Natural Resource Specialist III
Division of Agriculture
Agricultural Revolving Loan Fund
1800 S. Margaret Drive, Suite 12
Palmer, Alaska 99645-6736
Phone: (907) 761-3853
Fax: (907) 745-7112

mandy.toong 'at'


Payment Fact Sheet
Tips for Completing ARLF Loan Applications
Good Borrower Credit Fact Sheet
ARLF Application Checklist
Loan Application
Financial Statement
Collateral List
Annual Income and Expense
Five Year Operating Plan
Child Support Verification
Financial Institution Verification