Established in the 1980’s, this farm historically focused on peanut and cotton production. However, it has expanded in recent years to include corn and wheat. The borrowers requested a consolidation of their debt to achieve more favorable terms.
AgAmerica refinanced their family farm for $525K on a 15-tear term and provided a $1MM operational line of credit. This allowed the family to see substantial annual savings, upgrade farm equipment, as well as finance their farm’s seasonal operational needs at a lower rate.
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