California Rancher Expands Operation with a 10-Year Line of Credit
As a young lady growing up on her family’s cattle ranch, this California rancher always had the dream of owning her own ranch in California and following in her parents’ footsteps.
With a small cattle operation of roughly 100 acres of land, she wanted to expand the operation and purchase over 360 acres of land on the coast of California. She turned to AgAmerica Lending for a land loan to finance the purchase of the operation.
AgAmerica provided her with a $1.1 million 10-year line of credit, amortized over 20 years to provide the financing needed to purchase the additional ranch land in the area of California she desired. The land affords her the opportunity to continue expanding her herd and pursuing her cattle ranching dream.
RURAL INFRASTRUCTURE LOAN REQUEST
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