Credit Ready Meat and Poultry Lending Initiative

image of cow and chicken
Request for Qualifications/Proposal

SEEKING FINANCING OR BUSINESS EXPERIENCE IN MEAT AND POULTRY PROCESSING

Application Window    

Now Open! Find the RFQ/P on the University System of New Hampshire (USNH) Public Solicitation Site

RFQ/P Response Period

Completed responses must be submitted electronically by no later than 4:00 p.m. Eastern Standard Time, October 14, 2022, via the USNH Public Solicitation Site. Once posted, find the RFQ/P in “Business Opportunities Open for Bid,” using this link

The objective of the Credit Ready Meat and Poultry Lending Initiative is to provide training and technical assistance for nonprofit lenders active or seeking to become active in the meat and poultry processing space (including the Meat and Poultry Intermediary Lending Program and other USDA programs). The Center for Impact Finance (CIF) will serve as lead developer of the training curriculum and overall project manager for the Initiative. To ensure that the Initiative delivers a curriculum based on industry best practices for underwriting, financing, and supporting meat and poultry processing businesses, CIF is seeking lenders, technical assistance providers, and business owners with experience in financing, developing, or operating meat and poultry processing businesses to provide subject matter expertise and function as hands-on curriculum developers.

For More Information

Request for Qualifications/Proposal for the Credit Ready Meat and Poultry Lending Initiative

Credit Ready Meat and Poultry Lending Professional Training - Virtual Series

The Credit Ready Meat and Poultry Lending Professional Training - Virtual Series is designed for individuals who work at community-based lending institutions (credit unions, CDFIs, and community banks) and other entities eligible for the Meat and Poultry Intermediary Lending Program or the Food Supply Chain Guaranteed Loan Program who are interested in increasing their organizations' activity in the meat and poultry processing space. These trainings will cover the knowledge, skills, and practices you need to finance meat and poultry processing businesses, including market assessment, product development, underwriting and deal structuring, and program and asset management, and support your borrowers through connections to technical expertise. We will include additional content on expanding access to financing to underserved borrowers to lend deeper into your community, as well as build resilience and reduce greenhouse gas emissions.

The Credit Ready series will launch with an initial cohort of 8-10 entities experienced in the meat and poultry processing space that will serve as a “Learning Lab.” The Learning Lab cohort will help test and refine the training curriculum and other technical assistance resources. Eligibility requirements for lenders include more than one year of lending experience. The RFQ/P is for prospective Learning Lab participants, who should apply through the University System of New Hampshire’s Public Solicitation Site. 

RFQ/P Solicitation, Tentative Release Date: Monday, September 19  

We will not be able to respond to direct inquiries regarding the RFQ/P during the solicitation period. Please find all information related to the RFQ/P and direct all questions to the Q&A Board in the USNH Public Solicitation Site. 

Future training cohorts will begin in March/April 2023. Please continue to check this webpage for updates about USDA funding, the RFQ/P process, and the training series. For more information, contact: Hannah Vargason

Credit Ready Meat and Poultry Lending – Professional Technical Assistance 

The Center for Impact Finance also provides Credit Ready Meat and Poultry Lending Professional Technical Assistance to individuals who work at community-based lending institutions (credit unions, CDFIs, and community banks) or other entities eligible for the Meat and Poultry Intermediary Lending Program or the Food Supply Chain Guaranteed Loan Program who are interested in increasing their organizations' financing activity in the meat and poultry processing space. Eligibility requirements include more than one year of lending experience. To access the technical assistance or for more information, contact Hannah Vargason.
 

FOR MORE INFORMATION, OR TO APPLY FOR USDA FUNDING, SEE:

Meat and Poultry Intermediary Lending Program

Application Window

OPENING NOVEMBER 1

Program Application Period

Completed applications for second round of funding must be submitted electronically by no later than 11:59 p.m. Eastern Standard Time, December 31, 2022, through Grants.gov.

Food Supply Chain Guaranteed Loan Program

Application Window

ROLLING, BEGINNING FEBRUARY 2022