Citrus Grove Success Story

Florida citrus grower increases grove size by 15% in $16MM refinance deal

With over 50 years experience in the citrus industry, this Florida farmer has been involved in care-taking, harvesting, and the sales-end of citrus grove ownership. He sought an additional 300 acres of citrus grove land to manage with his son, increasing their overall grove acreage by 15%. Additionally, the family was looking to reduce their debt payments while increasing flexibility with a revolving line of credit. AgAmerica facilitated a $16MM global refinance package and reduced their debt service by over $450,000.

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