Beginning Farmer/Rancher
Program Description

Are you a farmer or rancher in need of financing, or a lender with a customer interested in obtaining a loan for agricultural purposes? Do the following conditions apply?

• The loan proceeds will be used for land or depreciable property used for an agricultural purpose in Nebraska.



• The borrower can identify his/her own lender willing to participate in the program.



• The borrower's net worth is less than $500,000.



• The borrower has not owned "substantial farmland" (see definition on Eligible Borrowers page)



• The borrower will materially and substantially participate in the agricultural operation.



• The loan proceeds will go solely to the benefit of the individual borrower (not a partnership or corporation).

If so, the loan may qualify for NIFA's Beginning Farmer/Rancher Program. This program has assisted Nebraska farmers and ranchers in obtaining low interest agricultural loans since 1981.

NIFA Contact:
Dudley Beyer