The U.S. Department of Agriculture (USDA) announced the launch of the Distressed Borrowers Assistance Network, an initiative designed to provide personalized support to financially distressed farmers and ranchers across the nation.
USDA said the national network will connect distressed borrowers with individualized assistance to help them stabilize and regain financial footing.
Network partners include Farm Aid and Rural Advancement Foundation International among others.
Network partners will provide farm loan policy training to the community-based organizations so the organizations can work alongside USDA’s Farm Service Agency (FSA) to help producers understand financing available through FSA, ensuring that when they visit an FSA office, the partner organization representative and FSA staff can better assist.
FSA made this announcement at the Farm Aid Festival in Saratoga Springs, N.Y.
