Small Business

 USDA offers micro loans to help get small farmers started

March 18, 2013 

USDA offers micro loans to help get small farmers started

Microloans are like other operating loans offered by USDA. They can be used to purchase livestock, equipment, feed, seed, fertilizer and related supplies. But here’s a real benefit when compared to those who use credit cards and personal loans to fund their operations: The current interest rate for a microloan is 1.125 percent. From the…

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