Farm Operating Loans - Maine on the Land Conservation Assistance Network

Farm Operating Loans - Maine
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last updated: July 2022

FSA’s Direct Farm Operating loans are a valuable resource to establish, maintain and strengthen your farm or ranch. Under its direct loan program, FSA loan officers are responsible for every aspect of the loan application process, and funding is provided through Congressional appropriation.

Operating loans may be used to purchase items such as:

Livestock and feed
Farm equipment
Fuel, farm chemicals, insurance and other operating costs, including family living expenses
Minor improvements or repairs to buildings
Refinance certain farm-related debts, excluding real estate

Operating loan funds cannot be used to finance nonfarm enterprises, including earthworms, exotic birds, tropical fish, dogs or horses used for non-farm purposes (racing, pleasure, show and boarding).

There is no minimum loan amount. The maximum loan amount for a Direct Farm Operating Loan is $300,000. There is no down payment requirement.

We encourage you to contact your local office or USDA Service Center to learn more about our programs and the information you will need for a complete application. Our local FSA offices will be happy to provide you with further information and a loan application.

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REMINDER: This listing is a free service of LandCAN.
Farm Operating Loans - Maine is not employed by or affiliated with the Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.