Microloans expand farm finance options
New and beginning farmers and ranchers in Mississippi now have an agricultural Microloan credit option to consider. The U.S. Department of Agriculture’s Farm Service Agency (FSA) will offer its customers a Microloan designed to help farmers and ranchers with credit needs of $35,000 or less. The loan features a streamlined application and a simplified qualification process built to fit the needs of new and smaller producers.
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