Larger loans for smaller-scale farmers

New rules for “micro loans” to small and beginning farmers will take effect on Nov 7, said the Agriculture Department in carrying out a provision of the 2014 farm law. The borrowing limit for micro loans will rise to $50,000 from the current $35,000. In addition, USDA said it would simplify the lending process, widen the range… » Read More

The Ag Insider content is only available to members.
Exit mobile version