Legitimate farmer loans are available to beginning farmers, expanding farmers, and even those seeking funds as relief for difficult situations. Farmer loans are available even to the farmer who has been turned down by their bank. This article written for the eHow site shows how to find various sources for farmer loans, and realize there are grants for farmers available, also. See the Resources below for even more information that includes grants.
Small farmers can check out micro-enterprise development programs in their own state via the Association for Enterprise Opportunity. Farms are businesses, and certain lesser known loan programs are perfectly suited for some small farms even if they don't state themselves as farmer loans. The AEO leads you to local programs in your area that support small businesses that need $35,000 and under with five or less employees. Along with capital, some also offer business training, technical assistance, technical training and access to markets. The website is microenterpriseworks.org
Check into the Farm Service Agency for farmer loans at.fsa.usda.gov. They offer farmer loans to family farms that can't find funding via a regular bank.
Look into Rural Development at rurdev.usda.gov. This entity offers farmer loans focusing on helping rural people own their own homes.
Be open to finding other income streams along with or instead of farmer loans. See the resources below for how farms are earning higher incomes with agritourism without changing who they are as farmers, and how farm spouses are finding enjoyable complementary careers that allow them to stay home on the farm but express their passions and talents.
Tips & Warnings
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