Farm Storage Facility Loan Program


The Farm Storage Facility Loan Program provides low-interest financing so producers can build or upgrade permanent facilities to store commodities. Eligible commodities include grains, oilseeds, peanuts, pulse crops, hay, honey, renewable biomass commodities, fruits and vegetables. Eligible facility types include grain bins, hay barns and facilities for cold storage.

Since its inception in May 2000, more than 33,000 loans have been issued for on-farm storage, increasing storage capacity by 900 million bushels.

A series of improvements have been developed to better tailor FSFLs to finance on-farm storage and handling for small and mid-sized farms. The changes also for the first time allow FSFLs to cover the structure and equipment required to get fruits and vegetables washed, treated and packed along with the cold storage that had been previously covered exclusively.

Other new changes to FSFL will allow FSA State Committees to subordinate Commodity Credit Corporation’s lien position, and producers may use an irrevocable letter of credit and the storage structure to secure the FSFL.

FSFL security requirements have been eased for all types of loans between $50,000 and $100,000. Now FSFL loans up to $100,000 can be secured by a promissory note only.

Special provisions are authorized for fruit and vegetable (FAV) producers. FAV producers may annually request a waiver of the multi-peril crop insurance or the Non-Insured Crop Assistance Program requirement and provide verifiable information for calculating the cold storage capacity need. Also, handling equipment designed to maintain the quality of the FAV producer’s crop is authorized.

Read the fact sheet on the Farm Storage Facility Loan Program. The FSFL Fact Sheet contains information regarding:

  • Eligible facilities loan commodities
  • Eligibility facilities and upgrades
  • Eligible cost items
  • Eligibility requirements
  • Security requirements
  • Maximum loan amount
  • Facility Loan Terms
  • Cost of obtaining a loan
  • Persons required to sign the note
  • Where to file the application
  • Other pertinent information on the FSFL Program.

Application Form

CCC-0185 (pdf) - Loan Application and Approval for Farm Storage and Drying Equipment Loan Program

Final Rule

7CFR 1436

SUMMARY: The Farm Service Agency (FSA) administers the FSFL Program on behalf of the Commodity Credit Corporation (CCC).  This rule amends the FSFL Program regulations to add eligibility for portable storage structures, portable equipment, and storage and handling trucks, and to reduce the down payment and documentation requirements for a new “microloan” category of FSFLs up to $50,000.  These changes are intended to address the needs of smaller farms and specialty crop producers.  This rule also includes technical and clarifying changes that are consistent with how the FSFL Program is already implemented, including specifying commodities that are already eligible for FSFLs but are not currently listed in the regulations, and changing the required life span of the storage facility from a minimum of 15 years to a minimum of the  FSFL term, plus any extensions.

DATES: This rule is effective April 29, 2016.

Related Notices and Handbook(in pdf)
Interest Rates

The October 2016 CCC lending rates are:

  • 0.875% for Farm Storage Facility Loans with 3 year loan terms
  • 1.125% for Farm Storage Facility Loans with 5 year loan terms
  • 1.500% for Farm Storage Facility Loans with 7 year loan terms
  • 1.625% for Farm Storage Facility Loans with 10 year loan terms
  • 1.750% for Farm Storage Facility Loans with 12 year loan terms