Here in this chapter, we are discussing the FSA FO loan criteria that create more uncertainty for entity applicants. These are:
Criteria 9: Demonstrate Farm Managerial Ability
Criteria 10: Follow training requirements
Criteria 11: Meet family farm requirements
Criteria 12: Meet the 75% test if multiple entities are involved
Many of the criteria that apply to all applicants are relatively straightforward to apply to entity applicants – those criteria are discussed in the next chapter.