distressed borrowers

Last week, the USDA announced the final $300 million in assistance to distressed direct and guaranteed farm loan borrowers under the Inflation Reduction Act.  Over the past two years, USDA acted swiftly to assist distressed borrowers in retaining their land and continuing their agricultural operations.  Th...

The Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 of the Inflation Reduction Act.   With the assistance more than 4,600 producers across the country will see another production season, said Zach Ducheneaux, Farm Service Agency administrator.   Roug...

USDA announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers.  This step continues USDA’s commitment to keeping farmers and ranchers financially viable and supporting agricultural companies.   “USDA ...

The USDA has launched the Distressed Borrowers Assistance Network, an initiative designed to provide support to financially distressed farmers and ranchers across the nation.  Through a series of Cooperative Agreements, this national network will connect distressed borrowers with individualized assistance to help them stabilize and regain financial footing.   “...