Skip to content

Returning Borrower Expands Timberland Holdings with $27MM Loan  

Read why a North Carolina landowner decided to return to AgAmerica to expand his property.

Timberland yields many benefits for both the environment and your bottom line. AgAmerica understands these opportunities and builds unique financing packages to finance land acquisition projects.  

The Challenge

A North Carolina landowner and conservation enthusiast wanted to expand his land holdings with an expansive timberland tract. A land purchase in 2020 with AgAmerica allowed him to further his passion for sustainable agriculture and land stewardship—making the integration of conservation practices into this next acquisition natural. In addition to supplemental revenue streams from the timber, the landowner planned to obtain conservation easements on portions of the property.

The Solution

The borrower’s strong relationship with AgAmerica made returning an easy decision. AgAmerica’s Client Relations Managers are there for you throughout the lifetime of your loan. The relationship that was built over the past several years allowed AgAmerica to develop a deep understanding of the borrower’s needs. Despite a tight timeline, the landowner was able to secure a $27MM loan package that included interest-only payment options over the term of the loan to provide the operation with liquidity after the land purchase for property enhancements.

Related Posts

Sign-up for our newsletter!

  • This field is for validation purposes and should be left unchanged.

AgAmerica - An Equal Opportunity Lender

 

AgAmerica Lending® LLC is a licensed mortgage lender. NMLS ID# 372267

Copyright AgAmerica® LLC 2022. All Rights Reserved.

Sign-up for our newsletter!

  • This field is for validation purposes and should be left unchanged.

AgAmerica - An Equal Opportunity Lender

AgAmerica Lending® LLC is a licensed mortgage lender. NMLS ID# 372267

Copyright AgAmerica® LLC 2022. All Rights Reserved.