A direct loan is one made straight from a government agency, like the FSA, rather than through a bank.
A direct loan is credit originated and serviced by a government agency itself, with the agency acting as the lender of record.
Direct programs can reach borrowers underserved by commercial lenders. Availability, limits, and eligibility are set by the agency.
When the FSA itself lends to and services a farmer's loan, that's a direct loan.
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