Why has the Farm Services Agency has suspended farm loan guarantees? We were ready to close on a 4 house poultry farm in Arkansas April 10, 2023 and the bank said that FSA has put a hold on farm loan guarantees ...
FSA appears to be very short handed and Inefficient. FSA Guaranteed farm purchase loans took 3-4 months at one time. The state FSA office said due to all the retirements and people quitting their jobs, the FSA is now very short handed and instead of the usual 3-4 month wait for a USDA-FSA loan guarantee, you better figure more like 6-8 months or more. Who ever is in charge of over seeing this program in Arkansas, is doing new farmers entering the AG industry a great injustice by allowing this to go on!
this all seems intresting im excited to lurn about the whole process and how were able to partake in the farm grants
Why has the Farm Services Agency has suspended farm loan guarantees? We were ready to close on a 4 house poultry farm in Arkansas April 10, 2023 and the bank said that FSA has put a hold on farm loan guarantees ...
FSA appears to be very short handed and Inefficient. FSA Guaranteed farm purchase loans took 3-4 months at one time. The state FSA office said due to all the retirements and people quitting their jobs, the FSA is now very short handed and instead of the usual 3-4 month wait for a USDA-FSA loan guarantee, you better figure more like 6-8 months or more. Who ever is in charge of over seeing this program in Arkansas, is doing new farmers entering the AG industry a great injustice by allowing this to go on!