Meat & Poultry Loan Program
6.432% Note Rate
REI Oklahoma’s Meat and Poultry Loan Program (MPILP) helps processors invest in the equipment, facilities, and upgrades they need to strengthen the food supply chain. Whether you’re launching a start-up or expanding an existing operation, this loan supports growth in one of Oklahoma’s most vital industries.
Excellent Option For
- Real estate purchases
- Facility construction or renovation
- Equipment and machinery
- Limited working capital
- Limited refinance
A Real-World Example
A start-up processing facility in Oklahoma needed funding to purchase and renovate an existing property. With support from REI Oklahoma and a partner bank, they secured funding for real estate, construction, and equipment—getting the full project off the ground with a manageable structure and 10-year amortization on the REI portion.
Project Breakdown | |
|---|---|
Total | $800,000 |
Purchase of Real Estate | $400,000 |
Renovations | $100,000 |
Equipment | $300,000 |
Financing Structure | |
|---|---|
Total Financing | $800,000 |
Bank | $500,000 |
MPILP | $300,000 |
Let’s Take the Next Step – Together
Someone from our team will reach out to learn about your business, talk through your goals, and help you explore the funding options that fit where you’re headed.
REI Oklahoma does not discriminate on the basis of race, color, national origin, sex, disability, or age in its programs and activities and provides equal access to all. The following person has been designated to handle inquiries regarding the non-discrimination policies: Heidi McKnight, Human Resources, REI Oklahoma, 2912 Enterprise Dr., Durant, OK 74701, or (580)924-5094.