Agricultural Loans
Our agricultural lenders can truly understand your needs -- many are farmers themselves. So when you need help financing your next big expense, we can help you get a low rate and affordable payments that fit your budget.
Come in and see for yourself all of the additional services we can provide for your farming operation.
- Summary
- Competitive rates
- Flexible terms
- Affordable payments
- Local decision making
- Knowledgeable loan officers
- Types of Loans
- Guaranteed/Sponsored Loan Programs - Those seeking FSA Loan services can take advantage of First Banking Center's Preferred Lender Status. Rural Development Loan Programs offered through USDA are also available.
- Line of Credit - With a Line of Credit, you have access to cash whenever you need it. Your cash flow cycle determines the usage and timing of principal payments.
- Financing for Equipment & Other Fixed Assets - Interest rates are competitive and either fixed or variable. The amortization of the note is determined by the useful life of the asset.
- Real Estate Acquisition and Expansion - First Banking Center offers long-term amortizations. Construction loans for expansion or remodeling are also available at favorable terms. Real estate mortgages can be set up as renewable balloon notes based on either fixed or variable rates.
- Other Credit Services - Our knowledgeable loan officers can also help you meet your other credit needs. Letters of Credit, both domestic and international, are available. We can also help with any of your leasing or asset-based borrowing needs.
- Crop Insurance Info
Since 1995, FBC has partnered with Rural Community Insurance Services (RCIS), a leading innovator in the crop insurance industry. RCIS, along with FBC, are dedicated to the agriculture community and the customers they serve. We understand the challenges farmers face in today's ever-changing world and make it our goal to educate producers on all of their risk management options.
Check out the different types of risk management options available to help protect your farming operation from low yields and/or revenues.
If you are faced with the unfortunate event of having to make a claim, we want to help make this process go smoothly for you. Find out what you need to do.
Because each farming operation is unique, the agents at FBC work side-by-side with you to develop a plan that fits your individual farming needs. Please contact one of our licensed agents today for an appointment.
It is essential to stay on top of the dates and deadlines that coincide with the crop insurance program. Our calendar gives you the listing of key crop insurance dates.
Here are some web sites you may find to be helpful in making your risk management decisions.
Not a deposit. Not FDIC insured. No Bank Guarantee. May lose value. Not insured by any federal government agency.
