Commercial Loans
Operating Loans for operating inputs and expenses such as feed, fertilizer, seed, and labor, as well as for such expenditures as rent, taxes, insurance, and day-to-day living.
Variable, prime-based and fixed rate loans are available at competitive prices to meet your specific needs.
Operating loan features include:
- Commitment line: Allows you to draw money as needed against a predetermined amount of credit for an operating cycle. You only pay interest on the funds you use.
- Revolving line: Is just like a commitment line, but payments restore credit to full use again
- Loan terms: 1 to 3 years
- Payment plan: Payment schedule can be tailored to match your cash flow
- Prepayment: Loans may be repaid at any time without penalty
Livestock Loans for the purchase, care and feeding, or refinancing of debt on livestock.
Variable, prime-based, adjustable and fixed rate loans are available at competitive prices to meet your specific needs.
Livestock loan features include:
- Loan term: 3 – 5 years
- Payment plan: Structured to coincide with sale of livestock, or monthly, quarterly, semi-annual or annual payments
- Prepayment: Loans may be repaid at any time without penalty
Equipment Loans for the purchase or refinancing of debt for tractors, trucks, farm implements, buildings, irrigation systems or any other equipment.
Variable, prime-based, adjustable and fixed rate loans are available at competitive prices to meet your specific needs.
Equipment loan features include:
- Loan term: Up to 7 years
- Payment plan: Monthly, quarterly, semi-annual or annual payments
- Prepayment: Loans may be repaid at any time without penalty
Sprinkler & Grain Bin Financing – Contact us for special terms and price.
