Midwest Ag Products
Community National Bank & Trust’s Midwest Ag Funding team is ready to partner with you in your agricultural financial ventures. Whether you’re a first-time farmer, a long-time ranching veteran, or the owner of a commercial operation, we can help you make the big purchase you need.
Agricultural Loans
From land and real estate acquisition to renovation, equipment purchases, and more, Midwest Ag Funding provides a variety of agricultural loans. As experts in the agricultural loan field, we know the ins and outs of the industry and the ins and outs of farming and ranching. As a result, our rates and loans are tailored to what really matters: you and your farm.
As a preferred FSA lender, we can guide you through and complete the loan process efficiently and quickly, getting much-needed funds into your hands so you can use it for your agricultural business. With competitive fixed-rate financing, no prepayment penalties, and multiple payment options, we have loans that will fit your needs and budget.
Revolving Line of Credit
Revolving lines of credit are a financial lifeline to many working farm operations. A revolving line of credit is revolving debt that can be borrowed and paid back to fund the yearly operating costs of farm operations. These loans can be applied to standard expenses including:
- Seed
- Fertilizer
- Labor
- Irrigation
- Tillage
- Harvest
- And more
Farm Operating Lines of Credit can help a farm operation manage its working capital and maintain adequate cash on hand. However, few lenders will allow new equipment and asset purchases to be expensed on a farm operating line of credit. For those purchases, use our fixed-rate loan options.
Ag Appraisal
The first step in getting funding for your ag loan is getting an ag appraisal. An appraisal is a document that gives an estimate of the fair market value of your agricultural property and is generally required by your lender before a final farm loan approval. This ensures that the farm mortgage loan amount is of equal or lesser value to the current value of your property.
With relationships with accredited and licensed appraisers across the nation, Midwest Ag Funding can help schedule an appraisal of your property so you can get the loan process started. Get your appraisal in motion by contacting us.
Take the Next Step for Your Farm Today
Whether you need a loan, a revolving line of credit, or an appraisal, Midwest Ag Funding is here to help your farm or ranch through the process. We’ve got experience working with small farms and commercial operations alike, and our friendly loan experts have the industry experience and knowledge you need to get a timely approval. When you’re ready to get started, give us a call today!