Competitive rates & terms, unique options, patronage programs

Farm Credit Services of America operating loans offer a variety of unique features including flexible terms, interest rate conversion, no prepayment penalties and interest accrual only on funds borrowed.

Borrowers may also be eligible for patronage.

Operating loans (lines of credit)

Cover your short-term financing for expenses incurred during a crop or livestock operating cycle with these options:

Fixed rate

• Choice of revolving or non-revolving credit line with no minimum balance.
  
  
• Assures you consistent and predictable payments.

Variable rate

• Choice of revolving or non-revolving credit line with no minimum balance.
  
  
• Lets you take advantage of market rate declines.
  
  
• Rate based on either market index (six-month FCSAmerica bonds, 13-week U.S. Treasuries, the Prime rate or 90-day LIBOR) or administered index rates determined by Farm Credit Services of America.
  
  
• Rate caps are available for a fee.
  

Convenient rate and term options

• Conversion feature gives you flexibility.
  If your financial needs change, you can convert your variable-rate loan to a fixed-rate loan, or fix the interest rate for a specific period after which it converts to a variable rate once again.
  
  
• Interest rate "buy-down" option can reduce your payments.
  You can pay a fee at closing in exchange for an interest rate reduction.
  
  
• No prepayment fee or penalty.
  You can pay off your loan early to save interest expense and borrow back funds as needs arise.
  
  
• Flexible financing option to fit your cash flow needs.
  Interest-only loans give you more marketing flexibility.
  

Convenient features

• Operating Loan Auto Pay Program.
  Pay bills automatically — no checks to write.
  
  
• Operating Loan Drafts.
  A convenient way to pay for inputs, expenses and supplies, allowing you to manage your funds by borrowing only the funds you need when you need them. Draft images can be viewed online in Account Access.
  
  
• Pre-authorized Installment Draft Program.
  Pay loan installments automatically.
  
  
• CashPlus.
  Increases earning potential by investing surplus funds.
  
  
• Wire Transfers.
  A quick way to electronically transfer funds.
  
  
• Flexible Interest Payment Date.
  Choose the date you want to pay your annual interest based on your operational needs.
  

AgriBuy_sm Card

• Works like a credit card for easy access to your line of credit. It can be used wherever a VISA® card is accepted.* Delivers greater purchase flexibility, including online and telephone purchases.
  
  *The AgriBuy Card cannot be used for cash advance, ATM or international transactions.
  
  Farm Credit Services of America is an equal opportunity lender. The AgriBuy Card is offered through the card issuer First Tennessee Bank National Association, a member of the VISA network.
  

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