Farm Emergency Loans

Program Description
The emergency loan program aims to help family farmers recover from losses resulting from natural disasters. These loans can be used to:

These loans cannot exceed $500,000.

General Program Requirements
To qualify for an Emergency Loan, you must be a U.S. citizen or permanent resident who owns or controls farm/ranch land that has been damaged by a natural disaster (including severe drought) and who has been denied a loan by a commercial lender. Applicants must also have an acceptable credit history; not have received debt forgiveness from the Agency; and not have had any controlled substance convictions. For production loss loans, the applicant must have suffered at least a 30% loss in yield. Emergency loans may also be made to replace damaged farm/ranch property.

Loan Terms
The repayment period for emergency loans is based on the type of loss and the applicant's repayment ability. In most cases, loans for annual operating expenses must be repaid within 12 months, and loans for losses to equipment, livestock, machinery, etc. cannot exceed 7 years. The loan term for losses to real estate cannot exceed 40 years. The interest rate for emergency loans is 3.75%.

Application Process
For more information, see the Program Contact Information below.

Contact Information (Register above for free access!)

Loading... Please wait

Back to Loan/Loan repayment Programs & Benefits

Membership Registration

Login

Start a personal search of available grants.

First Name Last Name
Email Address

(We will NEVER sell your email address)
Mailing Address
City State Zip Code
Phone Number
- -
You will not receive information on what you qualify for until you click the link in the verification e-mail you are being sent and confirm your request.

Enter your email address to subcribe to our RSS feed to receive grant tips, recipient stories and more:

Delivered by FeedBurner

Do you want to Quit Smoking? Learn how here.

AddThis Feed Button AddThis Social Bookmark Button