Farm loans are financial products designed to help farmers and agricultural businesses fund their operations. These loans can be used for various purposes, including purchasing land, buying equipment, or covering operating expenses. They are typically offered by banks, credit unions, and government programs, with terms and interest rates varying based on the lender and the borrower's creditworthiness. There are different types of farm loans, such as operating loans, which provide short-term funding for day-to-day expenses, and real estate loans, which are used for long-term investments in land and buildings. Additionally, government programs like the Farm Service Agency offer assistance to eligible farmers, making it easier for them to access the capital they need.