LEASING ADVANTAGES
Wondering if leasing is the right approach for your situation?
These are some of the advantages of leasing:
- 100% financing
- Preservation of working capital
- Improves cash flow Equipment obsolescence
- Tax management strategy
Ready to apply? Use our online application to get started.
Submit an Online Loan Application
LOAN & LEASE ELIGIBILITY
FULL-TIME FARMERS
For individuals whose primary business (more than 50 percent of assets and income) is the production of agricultural products, we can lend for all agricultural and family needs as well as non-agricultural needs. This could include, but is not limited to, automobiles and trucks, educational expenses, home improvements, vacation expenses, and much more.
PART-TIME FARMERS
For individuals who own agricultural land or produce agricultural products and whose income from agricultural products is less than 50 percent of their total income, we can lend for all agricultural and family needs. Non-agricultural needs are limited relative to the agricultural income.
BUSINESSES
We can lend money to businesses which process and/or market agricultural products provided that more than 50 percent of the business is owned by farmers who provide at least some of the “throughput.” We can also lend money to businesses that provide services to farmers. The extent to which financing can be provided is based on the amount of the business’s total income from farm-related services.
