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Cattle Expansion Funding
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<blockquote data-quote="Aero" data-source="post: 1715552" data-attributes="member: 2076"><p>USDA MicroLoans ($50k max) are much less demanding than other types of USDA equipment loans and the person you deal with at the FSA office has almost complete discretion on deciding if you can get the loan. They have a bit of paperwork to get done but my startup loan was deposited 9 business days after I submitted my application. Buying cattle is considered an equipment loan which is the simplest type and my terms were 5 years @ 1.75%.</p></blockquote><p></p>
[QUOTE="Aero, post: 1715552, member: 2076"] USDA MicroLoans ($50k max) are much less demanding than other types of USDA equipment loans and the person you deal with at the FSA office has almost complete discretion on deciding if you can get the loan. They have a bit of paperwork to get done but my startup loan was deposited 9 business days after I submitted my application. Buying cattle is considered an equipment loan which is the simplest type and my terms were 5 years @ 1.75%. [/QUOTE]
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