U.S. Department of Agriculture Farm Service Agency (USDA): Socially Disadvantaged Farmers and Ranchers Loan
- Loans can be used to buy and operate family-size farms and ranches.
- Repayment terms for direct OL depend on the collateral securing the loan and usually run 1 to 7 years.
- Repayment terms for direct FO vary but never exceed 40 years.
- Interest rates for direct loans are set periodically according to the Government’s cost of borrowing.