Emergency Loans

Objective

The Farm Service Agency (FSA) offers direct and guaranteed loans to farmers and ranchers to promote, build, and sustain family farms for a thriving agricultural economy. The goal of FSA’s farm loan program is to provide supervised credit and management assistance to eligible farmers to become owners or operators, or both, of family farms or to continue such operations when credit is not available elsewhere.

Who Can Apply

• Unrestricted by Entity Type
• Unrestricted by Individual Type

General Eligibility for Emergency Loans Emergency loans may be made to farmers and ranchers who: I. Own or operate land located in a county declared by the President or designated by the Secretary of Agriculture as a primary disaster area or quarantine area. All counties contiguous to the declared, designated, or quarantined primary counties also are eligible for emergency loans. A disaster designation by the FSA Administrator authorizes emergency loan assistance for physical losses only in the designated and contiguous counties; II. Are established family farm operators and have sufficient farming or ranching experience; III. Are citizens or permanent residents of the United States; IV. Have suffered at least a 30 percent loss in crop production or a physical loss to livestock, livestock products, real estate, or chattel property; V. Have an acceptable credit history; VI. Are unable to receive credit from commercial sources; VII. Can provide collateral to secure the loan; and VIII. Have repayment ability

Who Benefits

• Individual/Family
• Minority group

Individual/Entity, Socially Disadvantaged (SDA)/Non-SDA; SDA applicant or farmer is an individual or entity who is a member of a socially disadvantaged group. SDA group is a group whose members have been subject to racial, ethnic, or gender prejudice because of their identity as members of a group without regard to their individual qualities. These groups consist of: American Indians or Alaskan Natives, Asians, Blacks or African Americans, Native Hawaiians or other Pacific Islanders, Hispanics, and women.

Assistance Types

• Direct Loan

Program Contact

Matthew.Henderson2@usda.gov
202-720-5847