All You Need To Know About Emergency Farm Loans
#1
05-28-2016, 07:37 AM
All You Need To Know About Emergency Farm Loans
Emergency loans are available in the agriculture Farm Service Agency (FSA), USDA. They are intended for small-scale farmers or businessmen to help recover from production and physical losses caused by drought, floods and other natural disasters, or quarantine.
Eligibility:
*The Applicants for farm loan must own or operate land in the county where the disaster has taken place. The claim that they are from the area of disaster shall meet the conditions of the loan.
* The applicant must meet to get a farmer.
* The applicant is a US citizen or resident of the United States.
* The loss of manufacturing injured and is said to be at least 30 per cent of income or physical property damage losses in livestock, livestock products, real estate or given.
* The applicant must have a satisfactory credit history.
The applicant must be able to provide collateral for a loan.
* The applicant must have the ability to repay the loan.
Eligibility:
*The Applicants for farm loan must own or operate land in the county where the disaster has taken place. The claim that they are from the area of disaster shall meet the conditions of the loan.
* The applicant must meet to get a farmer.
* The applicant is a US citizen or resident of the United States.
* The loss of manufacturing injured and is said to be at least 30 per cent of income or physical property damage losses in livestock, livestock products, real estate or given.
* The applicant must have a satisfactory credit history.
The applicant must be able to provide collateral for a loan.
* The applicant must have the ability to repay the loan.
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