Category Archives: Loans

In December 2021, the United States Department of Agriculture (USDA) introduced the Food Supply Chain Guaranteed Loan program as a promising initiative to strengthen the nation’s food supply chain. With the American Rescue Plan Act (ARPA) providing the program with a mandate to guarantee approximately $1 billion of qualifying loans, hopes were high for its […]

Credit scores are a fundamental part of the credit underwriting process. Generally, a good credit score allows an individual to obtain credit, and on better terms, than would be available with a low credit score. A low credit score can severely reduce loan availability, with more credible lenders such as local community banks passing on […]

Running a farm is hard but rewarding work, particularly if you are on top of your finances. This post will discuss specialized loans that are intended to help farmers grow their agricultural businesses. Whether you are a small-scale farmer looking to expand your operations or a seasoned agricultural entrepreneur planning to invest in modern equipment, […]

Are you in the market for a home loan and looking to understand the USDA loan vs. FHA loans? Making an informed decision about your financing options is crucial when purchasing a home.  This blog post will explore these two loan programs and help you grasp the nuances that set them apart. By understanding FHA […]

According to Associated General Contractors, the construction sector plays a significant role in the U.S. economy, making a substantial contribution to its growth. With over 753,000 employers and over 7.8 million employees, this industry generates nearly $1.8 trillion of structures annually. Additionally, construction is a major consumer of manufacturing, mining, and various other services, making […]

Financial management can be complex, particularly for uninterested youngsters or inexperienced young adults. As a parent, you could help your kids to become more mindful of their spending habits and keep an outstanding credit score. You may help them prepare by outlining how the credit system works and mentoring them through the financial decision-making process. […]

Are you a manufacturer looking to expand your business operations but don’t have the necessary funds? As a business owner, you understand the importance of capital in scaling your operations, purchasing equipment, and hiring skilled staff. Fortunately, various financing options are available to manufacturers, including a manufacturing business loan.  This blog post will explore the […]

The success of a farmer and any agriculture-related business depends on their ability to use the right farming tools and equipment. However, acquiring the best agricultural equipment is not easy financially, necessitating thorough equipment financing considerations. According to Grand View Research, the size of the world market for agricultural equipment was estimated at $155.68 billion […]

When starting a business, it’s inevitable that you will need to purchase equipment and machinery to get the job done. These tools of the trade can help your operations become more efficient and productive. If you’re in the food industry, for instance, you may want to invest in an industrial-grade oven, which can be as […]

Most agricultural producers rely on farm loans to grow their businesses. Farm loans come in different forms, but generally, these loans provide liquid assets, which farmers use to buy inputs, equipment, land, and  livestock.  Whether this is your first time applying for a loan for an agriculture business or the tenth, knowing the top lending […]