Farm-purchase loans target socially disadvantaged groups
The USDA Farm Service Agency is offering specially targeted farm loans known as Socially Disadvantaged Applicant Loans.
These programs are designed to help farmers purchase and operate family farms. Direct loans are made to applicants, and include both farm-operating and farm-ownership loans. Repayment terms depend on the collateral, and usually runs from one to seven years.
For information, visit call 782-3661.