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TeachMeFinance.com - explain Farm loan programs of the FSA Farm loan programs of the FSA The term 'Farm loan programs of the FSA ' as it applies to the area of agriculture can be defined as ' Loan programs, administered by the Farm Service Agency (replacing FmHA), providing both direct and guaranteed real estate, operating loans, and direct emergency disaster loans to individuals whose primary business is farming and ranching. Loans are targeted to family farms whose operators are unable to obtain sufficient credit from private commercial lenders on reasonable terms. Under the FAIR Act of 1996, farm lending programs are permanently reauthorized, with new restrictions on the purposes for which loans can be used and on the length of time borrowers are eligible for new credit assistance. Provisions are extended that reserve a portion of loan funds for new and beginning farmers'. Previous 5 Terms: Farm income Farm income and balance sheet Farm inputs Farm labor housing grants Farm labor housing loans Next 5 Terms: Farm loss (water) Farm Operating (OL) Loans Farm operator Farm out (in) arrangement Farm ownership (FO) loans About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.