Ag Real Estate Loans
Platte Valley Ag Credit Co./Platte Valley Bank Ag Lenders will provide credit support to the farming community in all areas that we serve for the purpose of owning farm real estate. Real Estate loans should be financed with a first Deed of Trust on the financed real estate. Loans will need to meet certain loan approval guidelines for the advance rate, length of amortization, and interest rate.
Other under-writing criteria may also be required. Platte Valley Ag Credit Co./Platte Valley Bank will normally provide direct loan to the farm enterprise. However, Platte Valley Ag Credit Co./Platte Valley Bank may also obtain an FSA (Farm Service Agency) Farm Ownership guaranty or some other real estate loan program offered by FSA.
Breeding Livestock & Equipment Loans
Platte Valley Ag Credit Co./Platte Valley Bank Ag Lenders will provide support to the farming communities in the market we serve for the purchase of breeding livestock and equipment purchases. Funds will be advanced for the initial purchase and repaid on a semi-annual or annual basis for a period of up to five years, depending upon established guidelines.
Platte Valley Ag Credit Co./Platte Valley Bank provides the funds on a direct basis; however, when appropriate will utilize an FSA (Farm Service Agency) guaranty. All loans will need to meet certain loan approval guidelines.
Operating Loans
Platte Valley Ag Credit Co./Platte Valley Bank Ag Lenders will provide credit support to the farming communities in the region, especially to farming and cattle feeding enterprises. Funds advanced shall be for the purpose of seed, fertilizer, chemicals, fuels, labor, and other normal farming expenses and for the livestock and other normal livestock expenses. Disbursements should be compared to the farmer’s budget based upon historical expenses and future projections of the farm enterprise.
The majority of agricultural lending provided by our Ag Lenders is on a direct basis. However, Platte Valley Ag Credit Co./Platte Valley Bank may obtain FSA (Farm Service Agency) guaranteed or subordinated loans to qualified enterprises. All loans will be properly secured and will need to meet certain loan approval guidelines.
Beginning Farmer and Rancher Financing
Do you:
- Have an interest in changing careers to become an Ag Producer?
- Filed less than five IRS schedule?
- Is the family adding a new Ag Producer into its operation?
- Have a wish to start a new producer into your program?
If you answered yes to any of these, then we may have a program designed for you.
At Platte Valley Bank, we recognize that not all beginning Ag producers have the resources and tools needed in starting up a successful Ag operation. You face many hurdles and sometimes it’s hard to know where to start. That’s why we created the Beginning Farmer/Rancher Financing (BFF) program.
With the BFF program, Platte Valley Bank can help the beginning Ag producer get started with lower interest rates and reduced equity requirements.
Our goal is to help you be successful by also helping you navigate the business side of Ag production while giving you the financial tools you need to get started.
* All loans subject to approval. Certain restrictions may apply.