MASBDA
| Acronym | Definition |
|---|---|
| MASBDA | Missouri Agricultural and Small Business Development Authority |
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Access to government supported financing options through agencies in Missouri such as the Missouri Agricultural and Small Business Development Authority (MASBDA) and USDA's Farm Service Agency (FSA) in collaboration with Missouri's Farm Credit Service, FCS Financial ,and commercial lenders provides a critical risk reducing component--lower interest rates and an increased loan repayment timeframe.
Banking on value-added agriculture as a means to grow their businesses without expanding acres or herd size, agricultural producers across the country have formed hundreds of value-added ventures in the past half-dozen years thanks in part to the assistance of USDA Rural Development, and in Missouri, the Missouri Agricultural and Small Business Development Authority (MASBDA) value-added grants.
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