$2.9MM Debt Restructure saves Borrower $100K annually
This property boasts 1,200+ acres of hay, peanut, and timberland situated in Florida’s Panhandle. The property includes a home with an in-ground swimming pool, a hay storage shed, a dog boarding kennel, and a pond.
By restructuring the borrower’s debt, AgAmerica was able to reduce the borrower’s payments by over $100,000 to save her 43% annually. Additionally, the borrower was approved for a line of credit which can be used for any business purpose at any time.
Client
Audrey Bullard
Project Date
January 2015
Category
Farm Expansion · Group1 · Hay Farm Loan · Hobby Farm Loan · Peanut Farm Loan · Rural Land Loan · Timber Land Loan · timber loan
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