Having grown peaches for over a century, this farmer diversified his operation in 1995, adding strawberries to the family farm. Today he operates 1,100 acres of produce including peaches, blackberries, strawberries, apples, pears, melons, squash, and broccoli. And he welcomes thousands of agri-tourism visitors to the farm each year.
This borrower sought a total consolidation of debt and to refinance existing mortgages into a lower interest rate loan with greater payment flexibility. AgAmerica’s unique Two-Pack loan product saved the farmer 42% annually, or $320,000 per year in payments.
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