Farmers can take advantage of the Farm Service Agency’s Farm Storage Facility Loan Program. This program was reauthorized by the 2008 Farm Bill to supply farmers with low rate loans to build or upgrade farm storage and handling facilities.
The process is not too complicated. Producers must submit a FSFL application and can request an environmental evaluation of their project. The project must meet provisions set by the National Environmental Policy Act.
Producers must also submit a FSA-850 form. The application must be approved before construction.
Also the applications must be submitted at the office, not over telephone or online.
Looking for a farm loan? Contact Farm Plus today! Low rate farm loans are available for your farming needs and Farm Plus even works alongside government agencies like the Farm Service Agency to get you the farm loans you need. Call 866-929-5585 or visit online for more information.