Business / Agriculture / Emergency Disaster (EM) Loan Program: When a county has been declared a disaster area by either the President or the Secretary of Agriculture, farmers in that county may become eligible for low-interest emergency disaster (EM) loans available through the Farm Service Agency (formerly Farmers Home Administration). EM loan funds may be used to help producers recover from production losses (when the producer suffers a significant loss of an annual crop) or from physical losses (such as repairing or replacing damaged or destroyed structures or equipment, or for the replanting of permanent crops such as orchards). A qualified producer can then borrow up to 80% of the actual production loss or $500,000, whichever is less, at a subsidized interest rate.
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Disaster Verb Synonyms: catastrophe, calamity, cataclysm, tragedy, misfortune, d‚bƒcle, accident, mishap, blow, act of God, adversity, trouble, reverse
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Emergency Noun Synonyms: crisis, exigency, danger, predicament, difficulty, pinch
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Loan Verb Synonyms: advance, allowance, credit, accommodation
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Program Verb Synonyms: performance, production, show, presentation, (radio or television) play, telecast, broadcast, recital, concert
Program Noun Synonyms: schedule, plan, scheme, agenda, order of the day, routine, protocol, slate, list, listing, description, outline, abstract, , calendar, menu, bill of fare, curriculum, syllabus, synopsis, summary, prospectus
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Business / Finance / Participation Loan: A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. MORE
Business / Finance / Parallel Loan: A process whereby two companies in different countries borrow each other's currency for a specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing fore MORE
Business / Real Estate / Package Loan: A real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances. MORE