RFI,BMAA,2026-0031 Co Ag Future Loan Program

The Colorado Department of Agriculture (CDA) is issuing this RFI to identify additional qualified "Financial Entities"including banks, nondeposit community development financial institutions (CDFIs), and business development corporations with agricultural lending experience. The CDA operates the Colorado Agricultural Future Loan Program. Through its primary lending partner, First Southwest Bank, the program has supported $22MM in loans to Colorado farmers, ranchers, food processors, and agtech companies. With its initial pool of funds loaned, new loans are limited to revolved funds. Nonetheless, demand for the program remains high and over 100 applicants are on a waitlist for consideration. CDA is considering additional lenders who have internal funds to loan and can work with CDA to help meet demand and program requirements. Potential lending partners will help expand and administer the Colorado Agricultural Future Loan Program, including by underwriting, originating, and servicing loans.