Online Tool Helps Farmers Find USDA Farm Loans that Fit

USDA has launched a new Farm Loan Discovery Tool on farmers.gov that can help farmers and ranchers find information on USDA farm loans that may best fit their operations. Farmers who are looking for financing options to operate a farm or buy land can answer a few simple questions about what they are looking to fund and how much money they need to borrow. After submitting their answers, farmers will be provided information on farm loans that best fit their specific needs. The loan application and additional resources also will be provided. Farmers can also download application quick guides that outline what to expect from preparing an application to receiving a loan decision.