FSA Assists Beginning Farmers to Finance Ag Enterprises
Monday, November 13th, 2017 -- 8:01 AM
-FSA assists beginning farmers to finance agricultural enterprises.Under these designated farm loan programs, FSA can provide financing to eligible applicants through either direct or guaranteed loans. FSA defines a beginning farmer as a person who meets the loan eligibility requirements of the program to which he/she is applying, has operated a farm for no more than 10 years, will materially and substantially participate in the operation of the farm, agrees to participate in loan assessment, borrower training & financial management program sponsored by FSA and for Farm Ownership loans, does not own a farm in excess of 30 percent of the county’s average size farm.
Additional program information, loan applications, and other materials are available at your local USDA Service Center. You may also visit https://www.fsa.usda.gov/programs-and-services/farm-loan-programs/beginning-farmers-and-ranchers-loans/index.
Feel free to contact us with questions and/or comments.