Rangeland Improvement
Loan Program
The Rangeland Improvement Loan Program (RILP) was initiated in 1979 as part of the Montana Rangeland Resource Program. The RILP provides low-interest loans to Montana’s farmers and ranchers; loans are annual installment and have a 10-year maximum repayment period to assist with improving and developing rangelands in Montana.
Testimonial
RILP By the Numbers
275
Applications
164
Loans Funded
0
Defaults
$3,697,569.01
Total Amount
of Loans
$3,328,992.96
Total Paid Back
Eligibility and Application Information
Eligible Applicants:
Any person may apply for a loan for rangeland improvements on land that will be constructed, developed, and operated in Montana. If the person is a resident of Montana, is engaged in farming or ranching, and possesses the necessary expertise to make the loan practical.
Eligible Projects:
Example projects include:
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Stock water development (tanks)
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Cross fencing
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Establishment of grazing methods/programs
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Reseeding
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Mechanical restoration
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Weed management
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Other projects that are considered a range improvement
Funding Information:
Current interest rate = 3.25%
Maximum loan amount = $100,000
Repayment is scheduled for a maximum of ten years with annual installments
How to Apply:
The loan application has two parts:
1. Rangeland Improvement Application (Part 1) which includes a Conservation Plan, Project Plan and Budget, and Environmental Review (Part 1 can be accessed by clicking the green button titled, Application & Details below).
2. Loan Security Application (Part 2) which includes financial disclosures, security information on real estate and other financial information required from the borrower.
Loan applications are accepted by the DNRC at any time of the year.