"Regardless of my knowledge of the law and my connections, my account has not been corrected, all my credit has been reduced, and I cannot get any operating loans for my business, which is fatal when you work on a contingent basis," she said.
The company, which listed assets of $20.6 million and debt of $35.7 million, is seeking permission for a $10.9 million operating loan from a Shaw affiliate to keep operations running while it seeks a buyer.
Apply for a farm ownership loan or a farm operating loan from the FSA, or Farm Service Agency, which is part of the U.S. Department of Agriculture.
The discrimination was well documented; I had been denied a farm operating loan every year for nine years.
When I asked his advice on obtaining a farm operating loan Mr. Sallie said the Farmers Home Administration had good programs, but "good luck getting anywhere with them folks!
Funds from a farm operating loan are usually used for standard operating expenses, equipment, repairs, and to refinance existing debt.
Hicks, Muse's attempts to raise the fund were complicated by an unusual $2 billion loan, known as as an equity-operating loan, it received from a group of banks last fall.
But, said James Beverly of Nottoway County: "They'd give Caucasian farmers operating loan and operating loan, year after year".In this section The greatest Weirton, where free trade hurts Bilking the tribes Are stadiums good for you?
The Freeman group plan includes $750 million in operating loans, a commitment to purchase $150 million in preferred stock over three years, interim financing until T.W.A.'s 26percentt stake in the Worldspan travel reservations system is sold, and a $30 million commitment for employee training.
