Applying for a Loan
SOIL Sangre de Cristo is a member driven investment organization that supports local food producers in the South Central Region of Colorado.
SOIL Sangre de Cristo provides 0% Interest Loans to people starting or growing food-related, for-profit, businesses in order to help increase the economic, health, social, environmental and other benefits that result from producing and eating food in the South Central Region of Colorado. The SOIL Sangre de Cristo review committee carefully discusses all the information that’s required to be provided by applicants prior to voting to disburse funds to qualifying clients. If you are interested in learning about borrowing from SOIL Sangre de Cristo please review the information below and contact SOIL Sangre de Cristo by completing the questionnaire.
Shareholders’ investments in SOIL Sangre de Cristo Revolving Loan Fund provide the capital that is loaned to qualifying farms and food-related businesses in South Central Colorado.
Food production creates jobs on farms and throughout the food system, increases food sufficiency, keeps money in our communities and provides economic stimulus to help invigorate rural communities.
Presenting the Loan Award
From Left: Ann Graham, Tylor Berreth, Liz Peuser Mary Ann Bavaria, PJ Bergin
SOIL Sangre de Cristo’s Vision
What You Can Expect
Who can qualify? “Food Producers” consist of farmers, ranchers and others who use local products to create new food products, such as preserves, pickled veggies and other types of edible food.
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Producers should start the process by completing this questionnaire.
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Here’s what you can expect from the loan review process:
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Start by completing this questionnaire
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Our team will contact you to learn more about your financial needs and answer any questions you have
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Depending on your needs and situation, our team will assist you in completing our full loan application. We’ll work with you to establish an appropriate payback schedule.
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Payback schedules on the loans are customized to each applicants financial needs and cash flow. Many loans have quarterly payment lasting 3-5 years depending on the amount of the loan.
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There is no limit to what an applicant can ask for in a loan. It is the goal of SOIL Sangre de Cristo to support as many food producers as possible.
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Once your application is complete, it will be submitted to the voting membership of SOIL Sangre de Cristo for approval.
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You’ll be invited to meet our members and present your loan request before membership votes on your application.
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Upon approval of the loan and return of signed promissory note, you will receive the funds within 10 business days.
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As a loan recipient, SOIL Sangre de Cristo will stay engaged with you for the length of the loan and after. You will be invited to future meetings and events. We will celebrate your success together!