June 2, 2015
Southeast Family Expand Cattle and Hay Farm with $870K
A Florida family turned their focus from alligator farming to enhancing their cattle and hay operation.
The Challenge
Over the past 10 years, these borrowers focused their efforts on alligator farming and their guided hunting business. However, going forward, these farmers wanted to shift their attention and focus on expanding their cattle operation with the purchase of 330 additional acres of unimproved pasture land.
The Solution
The borrowers requested an $870,000 loan to prepare for growing their pasture and herd. AgAmerica’s low-interest rate, 25-year amortization loan product enabled the family to successfully meet their financial growth goals.