The lending professionals at AgLand Loans have knowledge of the dairy industry and they understand the volatility that dairy producers face. They were able to come up with a creative financing structure that allowed us to save over $150,000 per year and provided the capital necessary to ensure the ongoing success of our family operation
We used a combination of a long-term fixed rate loan and a line of credit to meet our family’s financing needs. This debt structure assisted us in our estate planning and allowed us to pay inheritance taxes. We have successfully passed our ranch to the next generation. The combination of the low rates and creative loan package could not have met our needs more perfectly.
I’ve obtained several loans through Trust Financial over the past 15 + years. I shop rates on every deal. Trust Financial (AgLand Loans) beat the competition every time! The line of credit has also provided me with the means to purchase more land and grow our family farm.
We had a loan mature with another financial institution. It was an older loan and the balance had been paid down significantly. We closed a real estate line of credit loan with Trust Financial (AgLand Loans). This loan product has worked beautifully. We saved over $25,000 per year in interest expense because of the low rate! Also, because of the revolving feature, we were able to draw additional funds to purchase other assets which have been profitable for us.
Frequently Asked Questions
AgLand Loans offers loans on numerous types of properties. We specialize in financing for Traditional Farms, Working Ranches, Recreational Ranch Properties, Timber Properties, and Permanent Plantings, with a 60-acre size minimum. We also offer financing without minimum acreage requirements for Agribusinesses such as Food Processing Plants, Dairies, Cattle Feedlots, Cold Storage Warehouses, Plant Nurseries, Hog Farms, Poultry Facilities, and Aquaculture. Please visit our loan types page for more details.
We offer flexible financing options, catered to the specific needs of the Borrower. We offer combinations of maturities ranging from 10-30 years with amortizations from 10-30 years, fixed-rate mortgages, adjustable-rate mortgages, and revolving lines of credit secured by real estate. Please visit our loan types page for more details. Apply online and we will help you select a loan product to fit your needs!
Interest rates vary based on the type of loan product & market conditions. All fees are competitive within the industry & estimates are available upon request. Our experienced team of analysts and loan officers is eager to assist you in finding a loan that meets your particular needs; we strive to make the lending process as transparent and beneficial as possible. Many different types of loans are available, and we are committed to finding the best terms and rates for each of our clients.
There is no such thing as a “cookie-cutter” land loan. Unlike home mortgages, rural real estate financing can often take months to procure. However, we draw upon our years of experience to anticipate and mitigate potential hang-ups, and ensure that your loan request moves quickly. Preliminary Approval is typically granted within a week upon receipt of origination/appraisal fees, signed loan applications & complete financial information. Most appraisals require 30 days to complete. As a small company, we pride ourselves on personally completing your loan request quicker than the competition.
We require a current balance sheet with supporting bank/loan/IRA statements, 3 previous years’ tax returns, and a signed initial loan application that will be provided after you complete our brief online inquiry form.
Yes, AgLand Loans provides financing for LLCs, LLPs, S & C corporations, and Trusts. We simply require that the entity members or beneficiaries must personally guarantee the loan and provide recent financial information.
AgLand Loans can handle your farm and ranch financing needs anywhere in the United States. If the guarantors are not U.S. Citizens or permanent residents, we may limit loan to value or impose other restrictions. We are currently unable to offer financing for international properties.
No, we do not have any stock purchase requirements with any of our loan programs.
If you qualify, you will receive a response within 48 hours after you fill out the online inquiry form. If the inquiry is received on a weekend or holiday, we will have a response for you within 2 business days.