Explore available amounts, eligible uses, repayment terms and how to begin the application process.
LOAN AMOUNT
Direct: up to $400,000; guaranteed: up to $2,558,000
REPAYMENT TERMS
Typically up to 7 years; annual operating needs are generally repaid sooner
WHO MAY QUALIFY
Qualifying family farmers and ranchers with suitable experience, credit and a feasible repayment plan.
ELIGIBLE USES
What financing may support
Permitted uses depend on the specific USDA program, lender review, and the proposed project.
HOW TO APPLY
Direct loans go to a local FSA office; guarantees are requested by participating lenders.
Prepare business or farm financial statements, the proposed use of funds, available collateral details, and a business plan. Exact documentation and eligibility requirements differ by program.
NEXT STEPS
Discuss your financing objectives with Owens Capital.
Owens Capital can discuss financing options; direct USDA FSA loans must be submitted through FSA, and guaranteed loans require a participating lender.