Loans & Programs
Commodity Marketing Assistance Loans and Loan Deficiency Payments      
In order to qualify for this benefit program, you must be or have been a rancher whose professional experiences include(d) agricultural production or farming.
 
Farm Operating Loans (Direct and Guaranteed)      
Applicants unable to qualify for a guaranteed loan may be eligible for a direct loan from FSA. Direct loans are made and serviced by FSA officials, who also provide borrowers with supervision and credit counseling. Applicants must show sufficient repayment ability and pledge enough collateral to fully secure the loan. The maximum amount for a direct farm operating loan is $200,000.
 
Farm Ownership Loans (Direct and Guaranteed)      
Loan repayment periods for both direct and guaranteed farm ownership loans cannot exceed 40 years. Interest rates for direct farm ownership loans are dependent upon the Government's cost of funds. FSA offers lower resource interest rates to applicants who cannot afford the Agency's regular interest rate. Rates for guaranteed farm ownership loans are negotiated by the lender and farmer. But, the lender must not charge guaranteed loan customers a higher interest rate than what they charge their average farm loan customer. For most guaranteed loans, FSA charges an origination fee equal to one percent of the guarantee.
 
Farm Storage Facility Loans      
In order to qualify for this benefit program, you cannot be delinquent on any Federal nontax debt and you must be (or soon to become) the owner or tenant operator of a farm that produces eligible farm commodities and demonstrate a need for additional storage. In addition, you must have a satisfactory credit history and demonstrate the ability to repay the debt resulting from this loan.
 
Fisheries Finance Program      
Long term, fixed rate loans with interest rates of 2% over the U.S. Treasury's cost of funds. Loan maturities up to 25 years, but not to exceeding the economic useful life of your project.
 
Rural Housing: Farm Labor Housing Loans and Grants      
The Farm Labor Housing Loan and Grant program provides capital financing for the development of housing for domestic farm laborers. Loans are made to farmers, associations of farmers, family farm corporations, Indian tribes, nonprofit organizations, public agencies, and associations of farmworkers. Typically, loan applicants are unable to obtain credit elsewhere, but in some instances, farmers able to get credit elsewhere may obtain loans at a rate of interest based on the cost of federal borrowing. Grants are made to farmworker associations, nonprofit organizations, Indian tribes, and public agencies. Funds may be used in urban areas for nearby farm labor. (This is the only Rural Housing Service rural service area exception.)
 
7(a) Small Business Loan      
All applicants must be eligible to be considered for a 7(a) loan. The eligibility requirements are designed to be as broad as possible in order that this lending program can accommodate the most diverse variety of small business financing needs. All businesses that are considered for financing under SBA's 7(a) loan program must: meet SBA size standards, be for-profit, not already have the internal resources (business or personal) to provide the financing, and be able to demonstrate repayment. Certain variations of SBA's 7(a) loan program may also require additional eligibility criteria. Special purpose programs will identify those additional criteria.
 
Certified Development Company (504) Loan Program      
To be eligible, the business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, the business qualifies as small if it does not have a tangible net worth in excess of $7 million and does not have an average net income in excess of $2.5 million after taxes for the preceding two years. Loans cannot be made to businesses engaged in speculation or investment in rental real estate.
 
Economic Injury Disaster Loans      
The amount of your economic injury does not automatically represent the dollar amount of your loan eligibility; the SBA will evaluate the information you provide and determine the reasonableness of your loan request.
 
Equity Investment (SBIC Program)      
SBICs invest in a broad range of industries. Some SBICs seek out small businesses with new products or services because of the strong growth potential of such firms. Some SBICs specialize in the field in which their management has special competency. Most SBICs, however, consider a wide variety of investment opportunities.
 
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