Log in now

Federal Borrowings Program

The federal government makes direct loans to and guarantees loans for inadequately served areas of the population to promote the nation's general welfare. The Borrowings Program represents Treasury's role in the federal loan program.

Federal agencies that have the legal authority granted by Congress through legislation may borrow funds to operate credit programs.  These federal agencies lend to or guarantee loans for nonfederal borrowers, such as small businesses, students, veterans, and farmers.

The Federal Borrowings Branch (FBB) at the Bureau of the Fiscal Service:

  • Maintains the detail records of the loan transactions between Treasury and other federal agencies.
  • Accounts for and reports Treasury’s loans receivable and the related interest receivable.

Non-Credit Reform Borrowing Account Operating Circular

Expenditure Receipt Account Crosswalk

Learn More