Internet Explorer 11 is outdated. For improved security and optimized performance we highly recommend upgrading your browser to one of the following: ChromeFirefoxEdge
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
|
Ag LoansAs a community bank, our loans are not one-size-fits-all so it would be tough to include all the options here. Below are a few facts to get you started but know that we tailor all our loans to what is best for you and your agriculture business. In addition to the options of fixed and variable rates, all our loans have the benefit of quick, local decisioning by lenders who get to know you.
|
| Loan Type | ||
|---|---|---|
|
Loan Use |
Real estate, equipment, farm purchase or refinance; other |
Equipment purchase or refinance |
|
Term |
Typically up to 25 years; other programs with longer terms may be available |
Typically 5-7 years |
|
Payment Type |
Wide variety of payment options |
Wide variety of payment options |
|
Collateral |
Real estate being purchased; other real estate already owned |
Equipment being purchased; other equipment already owned |
|
Loan Type |
Line of Credit |
|---|---|
|
Loan Use |
Operating needs, cash flow timing |
|
Term |
Typically 1 year; multiyear lines of credit may be available |
|
Payment Type |
Wide variety of payment options |
|
Collateral |
Varies; real estate or equipment are most common |
