The Farm Service Agency developed the Microloan program to better serve the unique financial operating needs of beginning, niche and the smallest of family farm operations. The program offers more flexible access to credit and serves as an attractive loan alternative for smaller farming operations like specialty crop producers and operators of community supported agriculture. These smaller farms, including non-traditional farm operations, often face limited financing options. The Microloan program provides loans for start-up costs, seed, fertilizer, rent and marketing and distribution expenses.
Laws
Federal Microloan Program Authorization Statute
Downloadable Documents
Authority Type
Statutes and Ordinances
State
National
Level of Government
Federal
Law Type
Federal Laws
Keywords
Beginning Farmers, Farm Bill, Farmland Affordability, Planning for Agriculture and Food Systems
Citation
7 U.S.C. § 1943 (2013).