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USDA Farm Service Agency — Beginning Farmer Loan Program

U.S. Department of Agriculture — Farm Service Agency (FSA)FSA-BFLRefreshed 1 month ago
Do I qualify?
Max funding

$600K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Provides direct and guaranteed loans to beginning farmers and ranchers who cannot obtain commercial credit, including operating loans and farm ownership loans at below-market interest rates.

Key Requirements & Eligibility

  • 1Must be a beginning farmer/rancher who has not operated a farm for more than 10 years
  • 2Must be unable to obtain sufficient credit from commercial lenders
  • 3Farm ownership loans: up to $600K direct or $1.75M guaranteed
  • 4Operating loans: up to $400K direct; covers seeds, feed, equipment, land rental
  • 5Must demonstrate adequate farm experience and managerial ability
  • 6Priority for socially disadvantaged applicants (women, minorities, veterans)

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 6 answered

1.Must be a beginning farmer/rancher who has not operated a farm for more than 10 years

2.Must be unable to obtain sufficient credit from commercial lenders

3.Farm ownership loans: up to $600K direct or $1.75M guaranteed

4.Operating loans: up to $400K direct; covers seeds, feed, equipment, land rental

5.Must demonstrate adequate farm experience and managerial ability

6.Priority for socially disadvantaged applicants (women, minorities, veterans)

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