FSA’s Farm Storage Facility Loan (FSFL) program provides low-interest financing to producers to build or upgrade storage facilities, and to purchase portable (new or used) structures, equipment, and storage and handling trucks.

The low-interest funds can be used to build or upgrade permanent facilities to store commodities. Eligible commodities include:

Qualified facilities include grain bins, hay barns and cold storage facilities for eligible commodities.

Loans of up to $50,000 can be secured by a promissory note or security agreement, and some loans between $50,000 and $100,000 will no longer require additional security.

Producers do not need to demonstrate the lack of commercial credit availability to apply. The loans are designed to assist a diverse range of farming operations, including small and midsized businesses, new farmers, operations supplying local food and farmers markets, non-traditional farm products, and underserved producers.

To learn more about the FSA Farm Storage Facility Loan, visit fsa.usda.gov/pricesupport or contact your local FSA county office. To find your local FSA county office, visit offices.usda.gov.

Source: FSA