Posted 1/17/2019 06:55 (#7250716 - in reply to #7250405) Subject: RE: Loans through FSA worth it?
NW Ohio
I think the loan programs are mostly set-up to buy farmground. There is no risk for the FSA here because if you default, they will just foreclose and get all their money back anyway. In the other cases that were listed, they loaned money on assets that depreciate or fluctuate more than farmground so they actually have to be willing to take on some extra risk.