Multi-Generation Florida Citrus Family Expands Their Grove & Saves $57K annually
As a sixth generation Floridian, our borrower and his wife were invested not only financially but also emotionally in the success of their citrus grove. Already owners of 90 citrus acres, the family sought to add land and consolidate their debts. AgAmerica Lending designed a loan package that saved the borrowers $57,000 in annual payments while adding a 10-year revolving line of credit.
Client
Joshua Citrus Inc.
Project Date
Nov 2013
Category
Citrus Grove Loan · Farm Expansion · Fruit Farm Loan · Group1
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