Tag Archives: microloan
Microloan Puts Rancher on Profitable Path
By Harriet Man, Senior Loan Officer, Arizona Farm Service Agency Sam T. Begay was looking for ways to improve his cattle herd production. He needed to change his breeding program by adding Angus bulls, which ultimately would improve his marketability. … Continue reading
Microloan Cap Grows to $50,000 Starting Today, Nov. 7
The FSA borrowing limit for microloans increased today from $35,000 to $50,000. Microloans offer borrowers simplified lending with less paperwork and makes borrowing from FSA a “first opportunity” to farm or quickly expand an existing operation. The microloan change allows … Continue reading
USDA Expands Access to Credit to Help More Beginning and Family Farmers
The U.S. Department of Agriculture is increasing lending limits to help more beginning and family farmers. Beginning next month, the borrowing limit for the microloan program will increase from $35,000 to $50,000. The lending process also has been simplified allowing … Continue reading