Emergency loans are available in California for producers in Tehama County. Tehama County is one of the many areas affected by the droughts that have occurred since Jan. 1, 2008. The loans are to help with physical or production losses from the droughts.
Farmers have one month to apply for the loans according to Tom Roberts, Tehama County’s Farm Service Agency manager.
Some of the eligibility requirements:
• Have suffered at least 30 percent loss of normal production directly related to drought.
• Be able to repay the loan and any other loans.
• Be unable to obtain credit elsewhere.
• Have adequate security.
• Have multi-peril crop insurance, if available.
• Meet other eligibility criteria.
Applicants must complete a certification of disaster losses that include exact dates of disaster and how much loss or damage has occurred.
If you are interested in applying for a farm loan or ranch loan please contact Farm Plus today. Farm Plus Financial works alongside government agency including the Farm Service Agency to assist you with the agriculture loans you need. Call 866-929-5585 or contact Farm Plus Financial online for more information.
