Florida Citrus Grower Increases Grove Size with $16MM Refinance

With over 50 years of experience in the citrus industry, this Florida farmer has been involved in care-taking, harvesting, and the sales-end of citrus grove ownership. He sought an additional 300 acres of citrus grove land to manage with his son, increasing their overall grove acreage by 15 percent. Additionally, the family was looking to reduce their debt payments while increasing flexibility with a revolving line of credit.

AgAmerica facilitated a $16MM global refinance package and reduced their debt service by over $450,000.