Skip to content

Southeast Corn Farmers Refinance and Save Over $20K Annually

South Carolina farmers recover from severe flooding with AgAmerica’s refinance plan.

A pair of South Carolina farmers have been friends and business partners since 2012 when they started a farm together. Their farm produces corn, timber, and sod. The business partners lease out part of their acreage to national sod-growing companies to gain additional income.

The Challenge

After a series of unexpected storms and flooding wreaked havoc on this South Carolina corn farm, the operators knew it was time to make some changes. They needed to refinance with more favorable loan terms to help them recover from the natural disaster.

The Solution

AgAmerica developed a refinance plan, reducing their annual interest expense by 20 percent, and over $20,000 annually. This gave the borrowers the financial flexibility to bounce back and continue expanding their operation.

Related Posts

Sign-up for our newsletter!

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

Copyright AgAmerica ® LLC 2021. All Rights Reserved.

Sign-up for our newsletter!

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

Copyright AgAmerica ® LLC 2021. All Rights Reserved.