Helping farmers achieve their agricultural goals is why we do what we do. 

Agriculture is a tough business. Lenders with a lack of knowledge about the ins and outs of agribusiness management can make it tougher than it needs to be. Back in 2014, AgAmerica was founded by people who witnessed this firsthand. Raised in agriculture and committed to supporting its future, our team of financial experts is helping American farms thrive one farmer at a time.  

The Challenge 

A young farmer who grew up in Montana initially started his career as a mechanic. But by the age of 24, he discovered his passion for farming, which led him to lease 600 acres. Over the years, he expanded his operations to over 100,000 acres, currently farming 40,000 acres and leasing the rest. But as his operation expanded, the young farmer realized he needed additional capital to cover inputs, fuel, and labor. Although he had a loan with a local bank, the stringent terms were getting in the way of his operational goals, leading him to seek an alternative solution. 

The Solution 

AgAmerica took time to learn more about how the farmer was able to build his agribusiness operation from the ground up and was impressed by all he had accomplished at such a young age. Our team carefully reviewed his financial statements and was able to provide a custom solution that would support his future endeavors. This solution involved a two-pronged loan consisting of an $8MM conventional 5-year adjustable-rate mortgage (ARM) with a 30-year amortization, along with a $5MM three-year interest-only loan. This solution allowed the borrower to refinance his existing loan and secure immediate cash to support his dream of expanding his farm legacy even further.