Apply for an FSA Loan with a Local, Preferred Lender

FSA loans open the doors of opportunity for farmers and agricultural producers across the United States. These farm loans are guaranteed by the Farm Service Agency, making financing more accessible for farmers and agricultural producers.

First Bank and Trust Company is a Preferred lender for the USDA Farm Service Agency (FSA) in seven states including: Virginia, Tennessee, North Carolina, South Carolina, West Virginia, Maryland, and Pennsylvania. As a community-based bank with over 40 years of experience in the agriculture industry, and with locations throughout Virginia, North Carolina, and Tennessee, we are committed to helping farmers with their FSA loan process every step of the way.

USDA FSA Loans come in various forms, tailored to meet the specific needs of customers: 

  1. Farm Ownership Loans: Thes loans help you purchase farmland and construct or repair essential buildings.
  2. Farm Operating Loans: Designed for day-to-day expenses, these loans cover costs like feed, seed, equipment, and labor.

Eligibility varies based on the loan program. The below examples are general eligibility requirements and are not a comprehensive list for determining eligibility. First Bank and Trust Company's Agricultural Loan Officers are highly skilled and experienced in determining the best loan solutions for farmers based on their unique situations and needs.

To be eligible for Guaranteed Loans (Farm Ownership and Operating, Including Microloans, or Emergency) applicants must:

  • Be located in the U.S.
  • Demonstrate then need to apply for a loan and the ability to repay the loan.
  • Demonstrate creditworthiness.
  • Have not received debt forgiveness on a previous direct or guaranteed loan. (Exceptions apply)
  • Demonstrate the training and education to effectively manage a farm operation.
  • Furnish a business plan

Additional restrictions apply. Please contact an Agricultural Loan Officer for additional information.

Limitations may apply for how many years you can receive a Guaranteed Operating Loan or Farm Ownership Loan. It's best to speak to an Agricultural Loan Officer regarding limitations.

Repayment terms may vary. It's best to speak to an Agricultural Loan Officer to learn what repayment terms would look like for your loan program.

Interest rates change frequently, so it's best to work with an Agricultural Loan Officer to obtain a custom rate quote.

Committed to Agriculture

We are ag industry specialists with a deep understanding of the cyclical nature, challenges, and opportunities in farming. Our pride lies in our commitment to assisting the stewards of the land, forging crucial connections between various sectors of the agricultural industry, farming professionals, and their families. Our goal is to ensure that you have access to the financial resources necessary to navigate the dynamic landscape of agriculture with confidence and resilience.

Farmer Feeding Cows Across The Gate
Why First Bank and Trust Company

Personalized Agriculture Loans

Communities are built around agriculture. First Bank and Trust Company offers simple, straightforward borrowing for the hardworking individuals who started it all.

There are many reasons to choose us for Ag financing:

  • Nationally ranked Agricultural Division
  • Farmer Mac Originator
  • Easy application process
  • Local, personal customer service – we travel to you
  • Prompt decision making & processing
  • Repayment options designed for your operation
  • Full-Service banking for individuals, agricultural producers, and Agribusinesses

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