Learn how this farmland manager secured funding for both a conventional almond property as well as for a new venture—developing pistachios from open ground. 

Working with AgAmerica means gaining a lender who understands the unique needs of farm operations across the nation and provides flexible funding with long-term solutions.  

The Challenge 

A farmland manager passionate about stewardship and sustainable farming practices sought financing for two projects. They needed a financing partner who could provide innovative solutions to several roadblocks. First, they needed conventional financing for the purchase of a revenue-generating almond property. Second, they sought a flexible financing facility with minimal initial payments that would provide upfront capital to fund the development of a new pistachio orchard in an up-and-coming growing region. 

The Solution 

Taking the time to fully understand their needs, AgAmerica was able to provide both the conventional and flexible financing solutions the client was seeking for their permanent crop development project. The first part of the solution included a fully amortized fixed-rate conventional loan product with an operating line of credit for the mature almond property. The second part involved a delayed-draw, non-revolving line of credit to fund the development and expansion of the pistachio orchard. Recognizing AgAmerica’s ability to provide a range of loan products with an efficient underwriting and closing process, the borrowers plan to return to AgAmerica for other acquisition financing needs in the future.  

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