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Row Crop Farmers Secure a $400K LOC for Family Farm

Fourth-generation farming family prepares for the future with a $400K line of credit.

The Challenge

As multigenerational row crop farmers, this family has grown corn, peanuts, watermelons, hay, and tobacco for decades. The family’s two sons work the farm full-time and plan to follow in their parents’ steps and manage the family farm operation. They decided that in order to solidify the legacy of their family operation, they wanted to buy the land they had been leasing for over a decade.
The Solution
With a $400,000 AgAmerica 10-year revolving line of credit, the borrowers purchased the 70+ acres that they’d leased the past 15 years, ensuring a bright future for the family’s fifth generation.

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