Farm Service Agency Guaranteed Loans

Welch State Bank is one of just a handful of Oklahoma banks that have obtained the “Preferred Lender” accreditation with the Farm Service Agency. The reason it’s important is the simple fact we have the knowledge and experience to get your request processed quickly with as little interruption to your busy schedule as possible.

We utilize Farm Service Agency guarantees for farm ownership, cattle, and equipment loans which may not qualify for direct bank loans. This allows us to better serve the young, beginning and small farmers that may not meet our normal underwriting criteria. Guarantees can also be used if you are looking to expand your acreage or buy your first farm and do not have the normal 20% to 30% down payment. Your down payment requirement can be as little as 10% in cash or other equity.

You can find additional information on USDA Farm Service Agency guaranteed loans at the following website: