Microloan Programs

Make a down payment on a farm
Build, repair, or improve farm buildings, service buildings, or farm dwellings
Conduct soil and water conservation projects
Purchase essential tools, fencing, trellising, hoop houses, bees and bee equipment, milking and pasteurization equipment

Eligible applicants include small, beginning, niche, and non-traditional farm operations.
Farmers must be engaged in agricultural production, including but not limited to direct marketing (e.g., farmers' markets, CSAs, restaurants, grocery stores).
Farms using hydroponic, aquaponic, organic, or vertical growing methods are eligible.
Applicants must meet FSA loan eligibility requirements, including creditworthiness and farm operation requirements.
Microloans can be used in joint financing arrangements.
Eligible uses include farm ownership and operating purposes as specified in the program guidelines.

Loan terms and amounts are determined by the FSA based on the applicant's needs and creditworthiness.
Interest rates and repayment periods vary depending on the loan type and terms negotiated with FSA.
Applicants may be required to make a down payment, depending on the loan purpose and FSA requirements.
Microloans can be used as a down payment for a Farm Ownership Loan.

Applications are submitted to FSA county Farm Loan Program staff.
Applicants may be asked to complete additional forms based on applicable loan program requirements.
Meet with local FSA staff to discuss eligibility and submit the FSA-2001, Request for Direct Loan Assistance form.
Additional forms may be required depending on the loan type and specific needs of the applicant.