Operating loans for better farming, better living. Page: 3
This book is part of the collection entitled: Government Documents A to Z Digitization Project and was provided to UNT Digital Library by the UNT Libraries Government Documents Department.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Operating Loans
Operating Loans are made by the
Farmers Home Administration to help
eligible operators of family-type farms get
ahead through Better Farming.
These loans are based on farm and
home plans developed with each individual
family to provide for the best use
of land, labor, livestock, and equipment.
To help borrowers carry out their plans
and increase their earnings, the Supervisor
makes farm visits, as necessary, to
advise and assist them in making planned
adjustments in their farming operations
and in adopting improved farm and home
practices.
This program assists small farmers who
are unable to obtain credit needed to
carry on successful farming operations
from local banks, production credit associations,
or other sources.
Applications from eligible veterans are
given preference in the making of farm
operating loans. Both veterans and nonveterans
must meet the same qualifications
and requirements.
The following are answers to questions
often asked about farm operating loans:
1. Am I eligible for a loan?
You are eligible for an operating loan:
(a) If you are a citizen of the United
States.
(b) If you have had satisfactory farm
experience or training.
(c) If you cannot obtain needed credit
from any other established source
in your community at reasonable
rates and terms.
131
Upcoming Pages
Here’s what’s next.
Search Inside
This book can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Book.
United States. Farmers Home Administration. Operating loans for better farming, better living., book, November 1950; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc5958/m1/3/: accessed March 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.