Usda program purchase

Create a new account here Lost Password? First Name. Confirm Password. Follow Us. My Account. Helena St. Share this. Colombia to continue exporting most of its Hass avocado crop to Europe January 10 , Loan funds can be used to purchase and develop land, buildings or build and equip facilities for commercial or industrial operations or to install equipment. The loan funds could also be used for working capital and even to refinance existing debt, although that can only be a portion of any overall loan.

The loans have competitive rates and terms of up to 40 years, depending on what is used for collateral, Pardo said.

Startup businesses are also eligible for the loan program, as well as businesses that have been around for 50 years, Pardo said. There is no geographic priority or exclusions, and for companies that are looking to rightsize their debt after covid and start growing again, experts said it could represent a good option. The funding does not expire but the program will stop making loans when it runs out of money. Businesses will need to provide a standard loan package, including historical financials and a financial feasibility study.

More information on how to apply and details on the program can be found here. If you keep getting this message, please enable cookies in your browser. Based on your current location, we selected the North America edition of FreshPlaza.

North America Edition. Announcements Click here to receive this news directly in your inbox. Special Bananas Global Focus Grapes. South African lemon juice exporters surprised by US dumping allegation Boris's thugs NZ organic apple grower teams up with Milford Private Equity to grow and market Honeycrisp Changing demand for fresh herbs in Sweden Akorn receives EU approval for its edible coatings for fresh fruit shelf-life extension.