Learn how two landowners returned to AgAmerica to refinance their existing loans into one. 

As your needs change, it’s important to have financing designed to evolve with you. When you work with AgAmerica, you work with a lender dedicated to your operation’s long-term success.  

The Challenge 

A Missouri couple had been farming for over 40 years, growing and marketing soybeans and white corn both domestically and globally. Originally referred by another AgAmerica client, the couple first came to AgAmerica in 2018. When they saw an opportunity to increase their operation’s efficiency, they returned to AgAmerica to refinance three of their existing loans and obtain additional funds for the purchase of an adjacent parcel of land.  

The Solution 

With the help of AgAmerica’s dedicated team of financial experts, the landowners were able to consolidate their existing loans into one and stretch the term to reduce payments and increase their liquidity. They secured a seven-year, interest-only credit facility that not only improved their terms but also provided funds to expand with $1MM to purchase a parcel contiguous to their current operation.  Another attractive feature of the land acquisition is that it allowed the client to add enough acreage at the end of their longest field to create an efficient, two-mile-long continuous parcel—saving on fuel and non-productive labor and tractor time.