USDA Loan Program Benefits Southern Illinois Producers

Are you in the market for new portable storage and handling systems?  If you are, the United States Department of Agriculture (USDA) has a deal for you!  This month the USDA announced a new financing tool for producers interested in purchasing portable storage and handling equipment.  The goal of this new loan program is to help producers, especially new or small to mid-sized producers, grow their respective enterprises. 


At the center of this new financing program is a “microloan” option for producers seeking a smaller loan and needing a smaller down payment.  This microloan option, available to producers of all sizes, allows applicants to apply for a loan of less than $50,000 and pay a reduced down payment of 5 percent.  In addition, there is no obligation to provide three years of farm production history or inability to secure commercial credit in order to apply.

The USDA hopes that smaller farms and specialty farmers in particular will benefit from the microloans.  Typically, these types of producers do not have access to commercial or on-farm storage or handling systems.  The microloans will hopefully encourage the purchase of handling and storage equipment such as conveyors, scales, refrigeration units, etc. and in turn contribute to the growth of their farm businesses.  If you are interested in more information, please visit the USDA website or your local Farm Service Agency office. 

Once your loan is secured, come visit the professional team at  Gateway FS Construction Services.  We at Gateway FS Construction Services proudly provide our customers the very best in grain handling and storage systems.  Whether you need bin wells, conveyors or augers, we will work with you to be sure you have the proper tools you need to most efficiently handle and transfer your crop.  Need a grain bin?  We can also help ensure the purchase of an excellent on-site storage system to help preserve grain quality after harvest and more readily seize market premiums.

Whatever your crop handling or storage needs, you can depend on Gateway FS Construction Services to provide you the system that you need most, when you need it.  Give us a call at 866-551-3454 and let our specialists help you choose a handling or storage system to meet your specific needs.  We look forward to providing you the best customer service experience.