Operating Loans

Ag Equity Meets Farm and Business Needs

Operating and related farm business needs can be met through our very flexible Ag Equity Line of Credit (click here for more information). This product offers both 5 and 10-year draw periods that can reduce the need (and the expense) for annually renewing your loan.

Traditional Operating Loans

We also offer annual operating loans. Loan proceeds can be used to fund input expenses or the entire cash flow needs of the customer, including term debt payments and family living. Loan terms are tailored to meet the cash flow requirements of each individual operation.

(Note: We prefer to offer operating loans to customers who also have a real estate loan relationship, or to customers pledging real estate as collateral on the operating loan. We may limit the territory to areas that we can serve directly from our office or through selected correspondents. )

Key things to know:

  • Source of repayment (crops, livestock, other income) generally taken as primary collateral
  • Crop insurance required when crops secure the loan 
  • Must have real estate loan with us or pledge real estate as additional collateral 
  • Loans generally written on an annual basis