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California Dairy Farm Relocates to Florida with $2.4MM Loan Package

Family dairy operation turns to AgAmerica to transition from California to Florida with $1.1MM term loan and $1.3MM 10-yr LOC.

The Challenge

A pair of brothers from California have been involved in the dairy business their entire lives. They were planning to relocate their families and their business to Florida’s Panhandle and turned to AgAmerica to help finance the move.
The Solution 
In addition to the $1.1MM term loan that funded the 720-acre purchase in farmland, AgAmerica was also able to secure the borrowers a $1.3MM 10-year revolving line of credit that will allow them to purchase additional acreage when the time is right.

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