FSA Loans & Lending Program Details
FSA’s Guaranteed Farm Loan Programs allow family farmers and ranchers to obtain loans at reasonable terms to buy farmland or finance agricultural production. FSA loans can be used to purchase land, livestock, equipment, feed, seed, and supplies.
FSA loans are often provided to beginning farmers who cannot qualify for conventional loans because they have insufficient financial resources. FSA also helps established farmers who have suffered financial setbacks from natural disasters, or whose resources are too limited to maintain profitable farming operations.
FSA Loan Details:
- Loan amounts between $250K to $2.5M
- Rate – WSJ Prime + 2.5%
- Up to 100% LTV Available
- Term - Thirty Years (30) Year Fully Amortizing Loan
- Must be located in the US and must be in a rural area (defined as having a population of less than 50,000)
Why should you work with commercial finance partners?
Leverage Existing Assets
Increase Working Capital
Creative Deal Structure
Alternative to Equity