A leading fruit and vegetable farmer secure a $4.1MM loan package that included a $718K RLOC.
The Challenge
Farming full-time since 1997, this farmer’s primary crops are cantaloupe and citrus, with a smaller portion of his operation dedicated to growing peppers and eggplant. The borrower and family desired to separate their operations and property for estate-planning purposes.
The Solution
AgAmerica paired a $3.38MM term loan with a $718K revolving line of credit to help this family easily transition 690 acres of farmland and citrus groves to the next generation.
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