Capital for Beginning Farmers and Ranchers Act of 2025 establishes a pilot program for development loans to new farmers and ranchers.
The Capital for Beginning Farmers and Ranchers Act of 2025 amends the Consolidated Farm and Rural Development Act to create a pilot program for development loans and loan guarantees for beginning farmers and ranchers. The program aims to help new agricultural businesses by financing development expenditures. Loans are capped at $100,000, with terms between 3 and 10 years, and interest rates between 0% and 3%.
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