Agriculture Term Loans
A Stillman agriculture term loan is repaid over a specific length of time. Used for a variety of farm or agribusiness needs, an agriculture term loan helps with needs such as buying equipment, buying breeding stock, buying or renovating farm real estate, or as a source of working capital.
- ✓New and used equipment loans
- ✓Livestock loans
- ✓Fixed and variable-rate farmland real estate loans
Agriculture Term Loan Details
An agriculture term loan is often secured with a security agreement, title, or mortgage. In some cases, a down payment may not be needed.
- ✓Typically used for large purchases and long-term investments
- ✓Fixed or variable rates available
- ✓Can be used to consolidate or pay off other farm or agribusiness loans
Common Questions
What information do I need to apply for an agriculture term loan?
We will need your personal financial statements, 3 years of state and federal tax returns, and information about your business plan.
Are term loan payments set up on a monthly or annual basis?
Repayment schedules are generally flexible for our agriculture term loans. We strive to match the cyclical nature of your operation.
Can I refinance existing farm debt?
Yes, you can refinance existing farm debt with an agriculture term loan.