Submitted by Guest Blogger on Thu, 02/07/2013 - 3:27pm
This post was written by Val Dolcini, State Executive Director of the USDA Farm Service Agency in California. There’s a new USDA loan program that might be the perfect fit for beginning farmers and ranchers seeking access to capital. On January 15, the USDA Farm Service Agency rolled out a new Microloan program designed to help farmers and ranchers with credit needs of $35,000 or less. This new credit tool simplifies and streamlines the process for farmers obtaining loans under $35,000; it cuts the paperwork burden in half and is built to fit the needs of smaller-scale farmers and ranchers.
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