Washington State Farmers and Ranchers Find Relief

The Farm Service Agency is offering disaster relief to farmers and ranchers in 25 Washington state counties who suffered losses from extreme temperatures and drought.
The relief is available in low-interest emergency loans to help farmers recoup losses according to a release from the FSA. Loan applications will be accepted until Oct. 13 for those farmers and ranchers in Adams, Assotin, Chelan, Douglas, Franklin, Grant, Klickitat, Lincoln and Yakima counties. The counties surrounding these will also be considered for aid.
Melissa Cummins, acting state director of the FSA said, “Weather-related disasters can extend beyond county lines.”
The rates have an interest rate of 3.75 percent and repayment terms up to 40 years with real estate security. Each loan will be considered based on its own merits.
“Because the federal government does not intend to compete with private business, applicants must be unable to obtain credit elsewhere to finance their needs at reasonable rates and terms,” Cummins said.
If you are interested or in need of a farm loan, contact Farm Plus today. Farm Plus works alongside agencies like the FSA  and Farmer Mac to obtain farm loans. Call 866-929-5585 or visit online for more information regarding farm loans.