4,000+Engagements Completed1,300+SBA Studies Accepted by Lenders950+USDA Studies in Agency Financing$43.8BProject Value Evaluated1998Feasibility Consultants Since
Wert-Berater, Inc. — Independent Feasibility Study Consultants
Press Release · Fertilizer Manufacturing · Minnesota

Wert-Berater, Inc. Completes Distributed Fertilizer Manufacturing Platform Feasibility Study in Benson, Minnesota

An independent Distributed Fertilizer Manufacturing Platform Feasibility Study evaluating a distributed fertilizer manufacturing platform across three rural Upper Midwest communities in Benson, Minnesota.

Upper Midwest fertilizer pelleting plant with silos and farm fields
Wert-Berater, Inc. Completes Distributed Fertilizer Manufacturing Platform Feasibility Study in Benson, Minnesota

For Immediate Release · 2026-05-30

Asset class
Fertilizer Manufacturing · Minnesota
Program
USDA FIELDS Grant — FY2026, AL 10.383
Evaluated value
$47,371,560
Study conclusion
Feasible on its documented merits under the program cost-share test
Location
Benson, Minnesota, Swift County
Completed
2026

BENSON, Minnesota — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Distributed Fertilizer Manufacturing Platform Feasibility Study in Benson, Swift County, Minnesota.

Wert-Berater served as independent feasibility consultant to the applicant and prospective lenders. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.

Project Summary

A $47,371,560 distributed fertilizer manufacturing platform anchored in one rural Minnesota community and extended to two more across Minnesota and Wisconsin, funded by a $19,685,780 federal share (41.56 percent) against a $27,685,780 applicant match (58.44 percent). The study asked the narrow question the program requires — not whether the platform is attractive, but whether it is feasible on its documented merits — and answered it on verified figures with sources equal to uses.

What the Project Included

An anchor production site acquired and placed into service, two additional community-scale production sites, and the shared logistics and offtake arrangements that let the three operate as one platform.

Capital Structure

$47,371,560 total project cost — $19,685,780 federal share requested (41.56 percent) against a $27,685,780 applicant match (58.44 percent), with a single leverage event at the Year 5 refinancing.

Feasibility Study Challenges

A distributed platform fails site by site, not all at once, so the study modeled each site's contribution separately before consolidating. The single leverage event is the Year 5 refinancing, covered 12.45× against a 1.20× lender requirement; the study still tested what an insolvency case would cost a lender rather than treating the coverage cushion as the end of the analysis. Match composition — secured versus unsecured — was verified against the program's eligibility screen, because unsecured match does not count.

About Wert-Berater, Inc.

Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed 4,000+ engagements across all 50 states and internationally, evaluating over $43.8 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.

Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.

About this release. This announcement summarizes a completed, independent Wert-Berater engagement. Details have been anonymized to protect client and lender confidentiality; no borrower, lender, or property is identified. Figures reflect the project as evaluated at the study date.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $43.8 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.

+1 310-857-2443 ext. 800  ·  email  ·  1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130

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Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.

Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.

All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.

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© 1998–2026 Wert-Berater, Inc. All rights reserved.
Engagements Completed
4,000+
SBA Studies Accepted by Lenders
1,300+
USDA Studies in Agency Financing
950+
Project Value Evaluated
$43.8B
Feasibility Consultants Since
1998

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