A successful Florida-based businessman sought financing for the purchase of timber and recreational land on Florida’s East Coast. The man and his wife enjoy hunting, fishing, and wildlife management, and dreamed of expanding their family’s land. In 2014, an exciting $1.8MM opportunity arose.
A nearby 780+ acre agricultural property caught their eye. It encompassed an existing cow/calf operation plus an abandoned citrus grove. The buyers planned to take advantage of the state’s Conservation Reserve Program, converting the grove to instead grow long-leaf pine trees.
AgAmerica Lending helped the family successfully finance their dream rec land property with a low interest rate term loan.
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