USDA Offers Annual Installment Deferral Option for Farm Storage Facility Loan Borrowers
Contact: FPAC.BC.Press@usda.gov
WASHINGTON, Aug. 6, 2020 – To assist Farm Storage Facility Loan (FSFL) borrowers experiencing financial hardship from the pandemic and other challenges in production agriculture, USDA’s Farm Service Agency (FSA) is offering a one-time annual installment payment deferral option. No fees or prepayment penalties apply for borrowers who choose this FSFL loan flexibility option.