Our farm operating loans give producers the capital they need to pay for agricultural-related expenses, such as livestock, labor, cash rent, seed and inputs. To accommodate farming's seasonal cash flow, funds are available as producers need capital and can be paid down to restore funds for future draws. By deciding when and for how long they borrow from their line of credit, producers also limit the amount of interest they pay.
Benefits of Our Farm Operating Loan
Calculate Your Savings
Use the calculator below to see how much money you could save with our operating line of credit.
Let's do the math.
Our operating line of credit includes money-saving benefits, unique features and management tools that make your money work smarter for you. The following example shows you how.
Example:
Operating line of credit: $375,000
Average outstanding balance: $275,000
The Board of Directors intends to pay a dividend equal to at least 1.0% of a customer’s eligible average daily loan balance. Remote Deposit savings reflect average FCSAmerica customer savings. Cash-back dividends are based on eligible loan volume and Association financial results. Prior distributions should not be interpreted as guarantees of future performance.
Attractive Rates, Flexible Terms
Rate options built for agriculture.
- Choice of revolving or non-revolving line of credit with a fixed rate or variable rate.
- Rate based on either market index or FCSAmerica-administered indexes.
- Reduce your payments with a rate buy-down option.
Flexible terms for your needs.
- Flexible payment options available, such as annual interest payments on your chosen date.
- If your financial needs change, you can convert your variable-rate loan to a fixed-rate loan.
Additional Benefits
*Check or credit card are available through cash management service provider.
How to Apply for an Operating Line of credit
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Primarily, financing may be provided for the following eligible borrower categories:
- Full-time Farmer or Rancher – Actively engaged in the management of ag land or ag production and their net farm income is greater than their net non-farm income.
- Part-time Farmer or Rancher – Materially participates in the management of ag land or ag production, but has a gross farm income less than their net non-farm income.
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You can apply online or in-person. We offer a streamlined process that is quick and easy, and you'll be connected with a financial officer who has a deep understanding of operating lines of credit.
To expedite the application process, please gather this information:
- How you plan to secure your loan
- Description of your operation and what you plan to use the loan funds for
Agricultural Insights
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Contact us if you have questions or need more information.