Ag Loans

Equipment Loans

Equipment loans are specifically used to purchase farm equipment, such as tractors, combines, irrigation systems, and other machinery. The equipment itself often serves as collateral for the loan. These loans are beneficial for farmers needing to invest in essential tools and machinery without a large upfront cost. 

Term Loans

Term loans provide a lump sum of capital that is repaid over a fixed period with regular payments. They are ideal for significant expenditures or long-term investments in farming operations, such as purchasing land, buying machinery, or constructing facilities. These loans are best for established farms with strong credit and financial history. 

Lines of Credit

Lines of credit offer flexible access to funds up to a certain limit and are an ideal solution for managing short-term financing needs, such as covering operational costs, seasonal expenses, or unexpected costs. This type of loan benefits farms that need to manage cash flow fluctuations. 

Land Financing

Land financing loans are used to purchase or expand farmland. These loans can help with paying closing costs, constructing or improving buildings on the farm, or conserving and protecting soil and water resources. They are suitable for farmers looking to invest in or expand their land holdings. 

Livestock Loans

Livestock loans are designed to finance the purchase of livestock, such as cattle, poultry, or swine. These loans can also cover the costs of feed, veterinary care, and other related expenses. Livestock loans are beneficial for farmers looking to expand or maintain their livestock operations. 

Facility Loans

Facility loans are used to build, upgrade, or purchase farm facilities, such as barns, storage buildings, or processing plants. These loans often have fixed repayment terms and may be secured by the facility itself.