20 Miles West of Indianapolis Indiana | My experiences...
Charge interest from day 1, but very low compared to commercial lenders
9 - 10 months I think is the term?
You go to FSA office and sign up. Tell em your bushels and report locations of bins/grain. You have to cell them and report when removing grain and tell them where you are taking it for them to get their return payment. I don’t know if this changes throughout the country, but here I think I got $2.00 for corn and $5.00 for beans (+/-) a nickel.
Payment is returned to FSA office when you deliver the grain. |