Farm Operating Loans: Ag Lines of Credit for Farmers & Ranchers

Benefits of Our Farm Operating Loan

Only Borrow What You Need

Our automated process saves you time and money.

Icon of a dollar sign within a circle within a shield

Multi-Year Commitment Options

Preserve working capital without the time and stress of yearly renewals.

Two palms of hands with a circle and dollar sign in the middle icon

Cash-Back Dividends

Our annual cash-back dividend effectively reduces your cost of borrowing.

No-Limit Remote Deposit

Scan and apply checks directly into your operating line of credit from anywhere at anytime, with no deposit limit.

Calculate Your Savings

Use the calculator below to see how much money you could save with our operating line of credit.

Let's do the math.

Our operating line of credit includes money-saving benefits, unique features and management tools that make your money work smarter for you. The following example shows you how.

Example:
Operating line of credit: $375,000
Average outstanding balance: $275,000

Savings Advantage
$2,750	(1.0% cash-back dividends x $275,000)
$676	(if 70 checks per year processed faster via Remote Deposit x average interest savings of $9.65 per check)
$3,426	potential annual savings

The Board of Directors intends to pay a dividend equal to at least 1.0% of a customer’s eligible average daily loan balance. Remote Deposit savings reflect average FCSAmerica customer savings. Cash-back dividends are based on eligible loan volume and Association financial results. Prior distributions should not be interpreted as guarantees of future performance.

Attractive Rates, Flexible Terms

Rate options built for agriculture.

Choice of revolving or non-revolving line of credit with a fixed rate or variable rate.
Rate based on either market index or FCSAmerica-administered indexes.
Reduce your payments with a rate buy-down option.

Flexible terms for your needs.

Flexible payment options available, such as annual interest payments on your chosen date.
If your financial needs change, you can convert your variable-rate loan to a fixed-rate loan.

Finance your entire operation.

Our operating line of credit gives you on-demand access to the capital you need to pay for agriculture-related expenses.

Seed and Inputs
Livestock
Cash Rent
Labor

Terms

Loans are subject to eligibility and credit approval.

Available rates and terms, including the annual percentage rate (APR) are subject to change without notice.

Cash-back dividends are based on eligible loan volume and Association financial results. Prior distributions should not be interpreted as guarantees of future performance.

*Check or credit card are available through cash management service provider.

Additional Benefits

Payments Applied Directly

There is no need to transfer money from one account to another. If you apply a check by 3 p.m CT, your payment is credited that day, saving you extra steps and time.

Green building icon in the middle of a laptop icon

Account Access

Access your account through our website or app. View balances and transaction histories, transfer funds, make payments and more.

Multiple Ways to Access Funds

Use funds available from your operating line of credit via check, credit card or ACH transfer.*

Icon of a shield with three people within it

Local Service

Receive local loan service and expertise from a team dedicated to your financial success.

How to Apply for an Operating Line of credit

1

Our farm operating loans give producers the capital they need to pay for agricultural-related expenses, such as livestock, fertilizer, and seed. To accommodate farming's seasonal cash flow, funds are available as producers need capital and can be paid down to restore funds for future draws. By deciding when and for how long they borrow from their line of credit, producers also limit the amount of interest they pay.

2

Primarily, financing may be provided for the following eligible borrower categories:

Full-time Farmer or Rancher – Actively engaged in the management of ag land or ag production and their net farm income is greater than their net non-farm income.
Part-time Farmer or Rancher – Materially participates in the management of ag land or ag production, but has a gross farm income less than their net non-farm income.

3

You can apply online or in-person. We offer a streamlined process that is quick and easy, and you'll be connected with a financial officer who has a deep understanding of operating lines of credit.

To expedite the application process, please gather this information: