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Farm loan options? Even consider FSA at all?
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Galaxie64
Posted 7/1/2020 20:22 (#8348432 - in reply to #8348085)
Subject: RE: Farm loan options? Even consider FSA at all?


WY, OK
From what is said on here, and more importantly from people I know, it is a few minute process on their website and money is electronically deposited in a matter of days. Of course being the gvt. they want you to sign everything over to them but actually getting the money under these current SBA rules is very easy. Pretty sure $25k is the magic number before they want to own your soul. 30yrs @ 3.75% is what I was told first payment not due for 12 months. If all your separate businesses had different EIN's they could probably all get one for under the $25K if you catch my drift.
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