Use cattle as collateral on FSA

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DCA farm

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Is livestock considered collateral on a FSA loan. What I mean is do they let people borrowing money against the cattle I already own I'm looking to add more head with out coming
Out of pocket all the cash up front. Also have paid off equipment and trailers. I actually don't owe a dime on anything but land and normal expenses to maintain the cows
 
Not sure about the FSA but an Ag lender will usually take the cows as collateral.
 
I don't think fsa will loan you money unless the bank won't.
That is correct, you have to prove that you have pursued other options. And if I'm not mistaken they require 150% collateral.
Their rules are different for minorities, first time farmers and youth.
If you have kids, they can borrow money pretty easy through FSA, used to be up to $5,000 but it might be more now.
 
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