Learn how a fifth-generation farmer returned to AgAmerica to completely pay off his existing debt.
AgAmerica values helping farmers level up their operations by simplifying their financing through flexible refinance packages.
The Challenge
After working with AgAmerica twice before, a fifth-generation farmer in North Dakota returned to us to refinance existing debt on his row crop operation. Before working with AgAmerica, poor grain prices challenged his farm, so he turned to us to secure flexible working capital. When the time came to refinance again, the borrower knew that AgAmerica offered flexible options and sound financial counsel.
The Solution
The borrower worked with AgAmerica to secure a $17MM term loan to simplify his finances and carry his operation into its next chapter. Through this financing, the borrower was able to pay off his existing inventory loan, paving the way for future growth.
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