Loan Programs

ABF originates agricultural real estate loans for property acquisitions, cash out to establish permanent plantings, refinance or consolidate long term debt or refinance a seller or balloon note. Unlike traditional lenders who offer one loan product, ABF originates to a variety of capital sources to best meet the needs of the borrower.

Three Types of Loan Programs:

Agricultural Real Estate Loan

Agricultural real estate loans for full time farmers. Loans are originated from $100,000 to $25,000,000. First trust deeds on agricultural properties with loan to values as high as 70%. A typical agricultural real estate loan is amortized over 25 years and has a 15 year note period. Potential interest rate products include a 1 month, 1 year, 3 year, 5 year and 10/1 year ARM products or a 15 year fixed. Repayment is monthly, semiannual or annual. The majority of the loan products DO NOT have a PREPAYMENT PENALTY.

Farm Service Agency Guaranteed Loans (FSA)

A great loan product for farmers who do not quite meet the lending parameters of a traditional agricultural lender. FSA Guaranteed loans are originated to several lenders with a maximum loan size of $1,112,000. Amortizations up to 25 years and several interest rate products to choose from – a prime based variable product to a 25 year fixed rate. Again with NO PREPAYMET PENALTIES.

Private Money Agricultural Loans

Farming, as with any business operation, has numerous risk factors associated with production. In agriculture, growers are exposed to several risk factors, many of which are outside the farmer’s ability to control. These include changes in the weather at critical times, fluctuations in the commodity prices, and insect infestations, etc. These contributing factors can add up at times and adversely affect the farmer’s ability to obtain traditional agricultural financing. Over the years, ABF has seen a need for private money agricultural real estate loan products. These unforeseen situations that arise in life and in agricultural can put a strain on the credit history and subsequent cash flow repayment ability of the farming operation. These loans are intended to be bridge loans for 3 to 5 years to get the farming operation back on track financially.