State Beginning Farmer Loan Programs

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Texas Young Farmer Interest Rate Reducation Program

The Young Farmer Interest Rate Reducation Program is administered by the Texas Agricultural Finance Authority and offers low interest commercial lending for farmers 18-45.  The program is intended to facilitate a below-market interest rate to eligible and creditworthy applicants through a commercial lender. The lender must be a financial institution that makes commercial loans, be certified as a state depository by the Comptroller of Public Accounts and agree to participate in the Young Farmer Interest Rate Reduction Program.

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