Cattle farms—also known as cattle ranches or beef farms—are vital to feeding America and we have the utmost respect for farmers who take on this integral role. Whether your main priority is meat production, breeding, or all of the above, we have the expertise and financial resources to help support your goal.
At United Ag Lending, we’re all too familiar with the costly and time-consuming accommodations and expenses that come with cattle farming (e.g., pasture management, veterinary care, and sufficient feed). Providing you with the right cattle farm loan specifications that fit these needs is our priority.
We’re going to cover our requirements, program highlights, and the process of securing a commercial cattle farm loan with the experts at United Ag Lending.
Cattle farm loan requirements
- Minimum loan amount of $500K
- 680 or higher credit score
- 10+ acreage requirement
Cattle farm loan program highlights
- Loan amounts $500k–$100 million
- Down payments as low as 25%
- Fixed farm loan rates from 10 years to 30 years
- 1-year to 15-year adjustable rates available
- Multiple properties or contiguous parcels allowed
- Outbuildings, sheds, and other land improvements allowed
Repayment
Different farms call for different financial situations. We have flexible repayment options to accommodate everyone, whether you’re repaying your loan using your cattle farm profits or using separate income/savings. You can repay monthly, semiannually, or annually.
If none of these work for you, let us know what will.
No prepayment penalty
Many financial institutions penalize borrowers for paying off their loan early (prepayment). We accept prepayment without placing penalties on our clients.
The United Ag Lending process
The process of obtaining a cattle farm loan contains three main steps: Consultation, Recommendations and Application, and a Continued Resource.
Step 1: Consultation
No two farms are the same, so meeting for a consultation to learn about what sets your farm apart is a vital step in our process. We’ll learn about you, what your cattle farm plans are, and what your financial situation looks like.
This step is also important for you to learn about us and decide whether or not our values align with yours. Agricultural planning is a team effort and we’re open to answering all your questions and addressing any concerns you have.
We’ll talk about:
- Your qualifications and financial abilities
- Your cattle farm plans
- Our loan program options
If you want to be extra prepared for our process, take a glance at our glossary of terms we use in the ag financing industry. Don’t worry too much about it—we’ll always explain unfamiliar verbiage during our meetings.
Step 2: Recommendations and Application
In this next step of the process, we take everything we learned about you, your cattle farm plans, and your finances and customize your loan program options.
We’ll walk you through your options of rates and terms, plus answer any questions you have.
Step 3: A Continued Resource
As your premier ag loan providers, we’re here as a resource throughout our entire time working together and even after that time comes to an end.
We can either set up a meeting or talk on the phone—whatever works for you.
Set up a consultation
At United Ag Lending, we want the best for you and your cattle farm.
Call us or send us a message to schedule your free consultation.
Recent Comments