Farm Loans

The Farm Loan program awards loans to:

• Purchase lands used principally for raising agricultural products, livestock, or dairying;

• Purchase livestock, fertilizers, and equipment calculated to maintain or increase the earning capacity of the borrower's agricultural operation;

• Purchase, construct, or install improvements calculated to maintain or increase the earning capacity of the borrower's agricultural operation; or

• Liquidate debts of the borrower incurred in the furtherance of the borrower's agricultural operation.

Farm Loans are authorized under Chapter 7 of the State Loan and Investment Board's Rules and Regulations.