{"id":3931,"date":"2015-08-06T13:54:06","date_gmt":"2015-08-06T13:54:06","guid":{"rendered":"https:\/\/grains.org\/ltamex\/usda-invites-comments-on-facility-guarantee-program-rule\/"},"modified":"2015-08-06T13:54:06","modified_gmt":"2015-08-06T13:54:06","slug":"usda-invites-comments-on-facility-guarantee-program-rule","status":"publish","type":"post","link":"https:\/\/grains.org\/ltamex\/usda-invites-comments-on-facility-guarantee-program-rule\/","title":{"rendered":"USDA Invites Comments on Facility Guarantee Program Rule"},"content":{"rendered":"
The U.S. Department of Agriculture (USDA) has announced a plan to re-vamp and simplify the facility guarantee program<\/a>, which is designed to boost sales of U.S. agricultural products overseas by providing a means of financing for storage, processing, handling or distribution facilities. <\/p>\n The program provides credit guarantees to help finance the establishment or improvement of agriculture-related facilities and related activities, as well as the procurement of goods or services to assist with the importation of U.S. products, according to the USDA. <\/p>\n Interested companies may submit comments before Aug. 14. Instructions for submitting comments are found in the federal register notice<\/a>.<\/p>\n If approved, the proposed rules would modify the application process and fold in changes to the GSM-102 export credit guarantee program<\/a>. <\/p>\n