The U.S. Department of Agriculture (USDA) Rural Development (RD); USDA Farm Service Agency (FSA) and the U.S. Small Business Administration (SBA) are holding training sessions for lenders to learn about programs and products available to support business lending in Kansas.
• FSA staff will explain many programs and services to help farmers build a strong and successful farm. Guaranteed loans are made and serviced by agricultural lenders (farm credit, local bank etc.). FSA has targeted funding for beginning and underserved (minority and women) farmers and
ranchers.
• RD staff will explain the Business & Industry (B & I) and the Rural Energy for America Program (REAP) guaranteed programs and how lenders can use them to expand their portfolio, while maintaining the personal contacts through servicing.
• SBA staff will present on the benefits of using the 7(a) Guaranty Loan. This program will allow for a lender to finance new ventures or assist existing businesses in their underserved community by providing extended terms to help small business owners and reducing the lenders’ loan risk.
Make plans to attend one of the scheduled meetings to get the latest information on these guaranteed loan programs.
Date Location Time Address
April 27 Holton 10:00 a.m. - Noon Beck Bookman Library, 420 W. 4th Street
May 11 Pittsburg 10:00 a.m. - Noon PSU, Block22 Foundry Conf. Ctr, 402 N. Broadway (courtyard entrance)
May 25 Overland Park 10:00 a.m. - Noon Midwest Trust Center, Rm 211, JCCC, 12345 College Blvd.
If you have questions, you can contact Michael McWhorter, SBA Lender Relations Specialist at 816-426-4916 or email, michael.mcwhorter@sba.gov or David Kramer, RD Business Programs Director at 785-271-2736 or email, david.kramer@usda.gov