The search for an ag loan provider can seem overwhelming. Between providers, loan types, financing options, and more, it can be hard to find where to start—and the right partner.
As a reputable commercial ag loan provider, we at United Ag Lending know all too well the importance of collaborating with a lender who understands the unique challenges of your operation. As your financial partner, we are able to provide you with industry knowledge, expertise, and support to advance your commercial operations.
What you need to know about ag financing
Ag loans are land loans that may qualify for our commercial lending program at United Ag Lending. The minimum loan amount for this program is $500K with 10 minimum acres, and all of the following are allowed, but not required:
- Down payments are required but may be as low as 25%
- Fixed-rate loans from 10 years to 30 years fixed
- 1-year to 15-year adjustable rates are available
- Multiple properties or contiguous parcels
- Outbuildings, sheds and other land improvements allowed
What to look for in an ag loans provider
There are many things to consider when you’re in the market for an ag lender; your choice has an impact on the future of your commercial operations.
From us at United Ag Lending, here are some of the top things to look for in an ag loan provider and a glimpse into how we do things differently.
Flexible programs
When it comes to ag loans, it’s not one size fits all. What sets an ag loan provider apart is being able to offer you a loan program that fits your specific financial needs and goals for the future.
Flexible loan programs from United Ag Lending, allow us to consider your unique situation, including:
- Land size
- Price of the land
- Highest and best use appraisal
- Credit score
- Operations
- And more
We can connect you with the correct loan program and offer you a customized loan rate. With a growing history of success as a commercial ag loan provider, we’re acutely aware of how important it is to work with a lender who understands you.
A clear process
As someone managing commercial farming operations, the last thing you need is to be burdened and buried by confusing paperwork and unclear expectations. A clear process for ag loans means better financial solutions for you that fuel progress.
At United Ag Lending, our process always begins with a consultation. With every customer interaction it’s our intention to understand your operation from top to bottom and then find the best financial solution.
After we provide you with customized loan program recommendations and rates, our support doesn’t stop there. Our officers are committed to helping you through the process from your first application through the life of your loan.
Qualified loan officers
You don’t want to take financial advice from just anyone. When considering a loan officer for your ag loan, you want someone with industry expertise.
More than that, our loan officers at United Ag Lending are guided by three main principles: communication, endurance, and simplicity.
Not only are they able to provide you with expert counsel founded on decades of experience, our loan officers are committed to being your financial partner and seeing you all the way through the process.
A good reputation
Reputation isn’t everything, but it sure goes a long way. Being respected in your industry means being known for excellent service and quality business practices. Especially in the financial world, this means being respected by clients and peers alike.
United Ag Lending has achieved success as an ag loan provider through a commitment to exceptional service and building lasting relationships with clients.
Hear it straight from the source:
“When another lender dropped the ball totally, Brady at United Ag Lending was able to get our information and close our Land loan in record time. We are so pleased with his guidance and thoroughness!” — Kristie W.
Ag financing with United Ag Lending
Flexible programs, a clear process, qualified loan officers, and an exceptional reputation in our industry are what makes us a clear choice as an ag loan provider, but how do these things affect your loan experience?
Here are some of the benefits of our comprehensive commercial loans program:
Low down payments
We don’t want a down payment to stand in the way of your business’ progress. Our commercial loans require as little as 25% of your loan amount as down payment. We’re here to help you grow.
Flexible loan rates
Being a specialized lender means that we get to say yes where others can’t.
Depending on your goals and needs, we can offer both fixed and adjustable rates. Our experienced loan officers can help you choose between a 1 to 15-year adjustable-rate loan or 15 to 30 years fixed.
Diverse opportunities
Our loans don’t confine you to a single plot of land. Our loans can encompass multiple properties or contiguous parcels.
We also allow outbuildings, sheds, and other improvements or additions to the land throughout the life of your loan. We never want to be what holds you back.
Types of ag land loans we can service
While this list isn’t exhaustive, here are some of the common operations that our loans help make possible:
Livestock & ranches
We can help finance land for the purpose of breeding and farming all kinds of livestock from pigs and cows to chickens and more.
Dairy farms
Dairy farms are major operations that require specific land. Ag loans from United Ag Lending can help you elevate your production by expanding your property size.
Commercial crops
Commercial crops like fruits, vegetables, grains and more require expansive land areas. Whether you’re looking to purchase a new piece of land or add on to your existing operations, we can be your financial partner.
Vineyards & orchards
We can help you finance land for vineyards and orchards, including the land that supports infrastructure to manufacture and distribute goods.
Forestry & logging
In accordance with the highest and best use appraisal of your land, we can finance forestry and logging land with our commercial loan program.
Frequently asked questions for ag loan providers
How do I know if I qualify for a loan?
At United Ag Lending, we pride ourselves on finding the best financial solutions for our clients’ unique goals. Our loan officers will work with you to provide expert recommendations and guided support throughout the loan process.
Most of our clients meet the minimum loan amount of $500k and have a credit score at or above 680. All clients meet the minimum land amount of 10 acres. Many of our clients exceed the loan amount, acreage, and credit score requirements. If you believe you qualify, get started today. If you have questions about whether or not you qualify, get in touch with one of our experienced loan officers to see what United Ag Lending can do for you.
Do you offer refinancing on ag loans?
Yes, we do. Refinancing is a part of what we do at United Ag Lending to encompass a wide range of customer needs. Whether you’re looking to refinance debt or consolidate your monthly payments, we can help.
To understand how we can best serve you, our refinancing services always start with a conversation about what your situation is and how we can help. Even if you’re new to this process, we’ll be there to guide you.
Can United Ag Lending provide loans for operations, equipment, or livestock?
No. United Ag Lending does not offer loans for farming operations, purchase of equipment, or the purchase of livestock. We offer land loans as well as full time farm loans.
Can I combine multiple parcels of land into one loan?
Yes, we can finance multiple parcels of land together, whether they are contiguous or not. This can be done through our commercial loan program, or through our residential home loan program for properties that have homes on the land.
How long are your terms for financing land?
We can financing on land and farm loans up to 30 years fixed rate loan with no early payoff penalty. We also offer many other loan terms to fit your goals and needs with financing.
Partner with United Ag Lending as your ag loan provider
If you’re ready to start exploring financing options, we’re ready to be your financial partner. Get started with us at United Ag Lending and see what our flexible loan programs can do for you.
Or, give us a call at 888-204-9430.
States we serve: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
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