USDA launches tool to help producers navigate farm loan application process
The department hopes the new tool will give producers the support they need.
A new tool is now available to help producers navigate the farm-loan application process.
A Farm Service Agency administrator says the tool was created to give all customers equal access to programs and services provided by the USDA.
In the past, a high number of applications—mainly from under-served producers—arrived incomplete. In many of these cases, they say, the cumbersome paper application process is to blame.
The department hopes the new tool, which is available online and accessible 24/7, will give producers the support they need and the ability to prepare their loan paperwork with one simple tool.
For more information, click here: USDA’s Farm Loan Assistance Tool.