Fourth generation farm family prepares for the future with $400K line of credit
As fourth generation row crop farmers, this family has grown corn, peanuts, watermelons, hay, and tobacco. The family’s two sons work the farm full-time and will succeed their parents in the farm’s operation. With a $400,000 AgAmerica 10-year revolving line of credit, the borrowers purchased the 70+ acres that they’d leased the past 15 years, ensuring a bright future for the family’s fifth generation.
Client
The Quincey's
Project Date
April 2014
Category
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