Access to capital is important for all small businesses, including the food and farm businesses that bring locally and regionally produced food into rural communities, schools, and markets. Fortunately, there is a federal loan guarantee program, the Business and Industry (B&I) Loan Guarantee Program, which specifically supports these types of local entrepreneurs. Qualified projects […]
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Expanded USDA Microloans Program Increases Opportunity for Small and Beginning Farmers
Access to credit continues to be an urgent need for farmers across the country, especially for small and beginning farmers. Starting a new farm is not unlike starting any other small business–it can require significant upfront capital to get off the ground. USDA recently announced exciting changes to their Microloan Program, including launching a new […]