This paper presents a detailed summary analysis of commercial bank, Farm Credit System (FCS), and other commercial lenders use of Farm Service Agency (FSA) guaranteed loan program over the time period fiscal 1993-2003. Key aspects of the guaranteed program are examined including the usage level...

The Farm Service Agency (FSA) direct farm loan programs provide credit to family-sized farms including beginning farmers and socially disadvantaged applicants. Approximately 37 percent of all U.S. farms are estimated to be eligible for FSA direct loans when farm size, credit needs, years of...

The Farm Service Agency’s (FSA) interest assistance interest assistance program allows lenders to enter into an agreement with FSA to subsidize a guaranteed farm operating loan by reducing the interest rate charged to the borrower by up to four percentage points. With fiscal 1997-2003 data, an...