The new, interactive Farm Loan Discovery Tool – the newest feature on farmers.gov, the USDA’s self-service website for farmers – can help farmers and ranchers find information on USDA farm loans that may fit their operations.
“Access to credit is critical in the agriculture industry, especially for new farmers,” said Bill Northey, undersecretary for farm production and conservation. “We are working to improve our customer service, and part of our solution is through improving how farmers can work with us online.”The USDA’s Farm Service Agency offers a variety of loan options to help farmers finance their operations. To access the Farm Loan Discovery Tool, visit farmers.gov/fund and click the “Start” button. Follow the prompts, and answer five simple questions to receive loan information that is applicable to your agricultural operation.