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Government programs for new grain bin
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Chad H
Posted 1/16/2025 17:42 (#11058797 - in reply to #11058749)
Subject: RE: Government programs for new grain bin


NE SD

Not much help other than lower interest rates through a Farm Storage Facility Loan from the Commodity Credit Corp administered by FSA offices. Can borrow up to $500k per loan at 80% of project.

Current interest rates are 4.125-4.375% depending on length of loan from 3-12 years.

We have used them for our most recent storage projects. Pretty painless as long as your local FSA staff is good.

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