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The Unity, Maine-based institution, which should open in the fall, will provide member business loans and other products to local farmers.
August 23 -
Growers Edge is adapting retail financial technology to compete with traditional banks in ag lending and crop insurance.
August 8 -
President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015
July 12 -
Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.
May 16 -
Farm Service Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.
January 17 -
A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed.
January 15United Bank & Trust -
The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.
January 14 -
Hostilities toward the legal U.S. cannabis industry are softening considerably, with signs of further removing cash and digital workarounds from a market that has long been shunned by traditional payment cards.
December 21 -
Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.
December 19 -
Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.
November 19