Hill County December Newsletter

Hill 2013

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Hill County FSA Updates


Hill County FSA Office

1504 N HWY 77
Hillsboro TX  76645-3601

Phone:254-582-8411
Fax: 254-582-9755

County Executive Director:
Preston Wright

Farm Loan Manager:
Bashir Duale

Program Technicians:
Lesa Nowlin, Chief
Lisa Shirley
Karen Bartosh
Lacy Johnson
Shyann Lair

Next County Committee Meeting:   Wednesday, January 22, 2014, 8:30 am

FSA SIGNATURE POLICY

Using the correct signature when doing business with FSA can save time and prevent a delay in program benefits. The following are FSA signature guidelines: 

  • Spouses may sign documents on behalf of each other for FSA and CCC programs in which either has an interest, unless written notification denying a spouse this authority has been provided to the county office
  • Spouses shall not sign on behalf of each other as an authorized signatory for partnerships, joint ventures, corporations, or other similar entities For additional clarification on proper signatures contact your local FSA office.

For additional clarification on proper signatures contact your local FSA office. 


MICROLOAN PROGRAM

The Farm Service Agency (FSA) developed the Microloan (ML) program to better serve the unique financial operating needs of beginning, niche and small family farm operations.    

FSA offers applicants a Microloan designed to help farmers with credit needs of $35,000 or less. The loan features a streamlined application process built to fit the needs of new and smaller producers.  This loan program will also be useful to specialty crop producers and operators of community supported agriculture (CSA).    

Eligible applicants can apply for a maximum amount of $35,000 to pay for initial start-up expenses such as hoop houses to extend the growing season, essential tools, irrigation and annual expenses such as seed, fertilizer, utilities, land rents, marketing, and distribution expenses.  As financing needs increase, applicants can apply for a regular operating loan up to the maximum amount of $300,000 or obtain financing from a commercial lender under FSA’s Guaranteed Loan Program.  

Individuals who are interested in applying for a microloan or would like to discuss other farm loan programs available should contact their local FSA office to set up an appointment with a loan official.