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| Ag
Loans
Helping
our farmers succeed is critical to the success of our community.
At Bank of Dwight, our Ag Services department
offers
Ag lending solutions designed to help you fund your farm operation.
Our experienced Ag lenders understand the volatility of the Ag
economy and work with you to create a financing package that’s
suited to your needs and a payment schedule to match your cash
flow – including an annual payment option.
Operating Loans & Lines
of Credit
- Daily and
seasonal operational expenses such as seed, fertilizer, feed & labor
- Expenditures including rent, taxes,
insurance and day-to-day living
- Annual maturity
and the option to secure with real estate
- Pre-approved
lines of credit for future use
- Interest
is only charged on the funds used
Equipment
Loans
- Purchase or refinancing of tractors, trucks, combines, farm implements,
buildings or any other equipment
Livestock Loans
- Purchase and care of livestock
- A variety
of terms are available with fixed or variable interest rates
Real
Estate Loans
- Land and building purchases and improvements
- Refinancing
of debt
- Long-term payment plans are available with
the option of variable and fixed interest rates
FSA Guaranteed Loans
- Farm Service Agency Guaranteed
Loan
- Provides your farming
operation with the opportunity to refinance current debt
or expand your farming business when conventional financing
terms may not
be an option
- Longer repayment terms and lower collateral
requirements offer great flexibility
- Interest rate
uncertainties are minimized by long term fixed rates, without
the burden of
pre-payment penalties
- Through the Beginning Farmer
Loan Program, we can assist with financing of real estate
and other
depreciable assets at attractive interest rates
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