Who are Young, Beginning or Small Farmers?
Customers who meet at least one of the following criteria: • Young – 35 years of age or younger • Beginning – Less than 10 years agricultural experience • Small – Farm production is less than $250,000 annually Unique programs offered to young, beginning and small farmers • Special Underwriting Program for young and beginning farmers – Farm Credit has created special underwriting standards on loans for agricultural purposes to young and beginning farmers • FSA Loan Guarantee Reimbursement for young or beginning farmers – Farm Credit waives our origination fee and reimburses young or beginning farmers for 50% of the Farm Service Agency guarantee fee. • Continuing Education Program for young or beginning farmers – Young or beginning farm customers will be reimbursed up to $500 (one time only) when they attend business, production, financial management or agricultural leadership development programs that will help them in their farm business. • Investment Program for small farmers – This p