Your Ag Lender
of Choice
We consider agriculture loans to be a vital part of our community investment.
How an Ag Lender Can Help Farmers
The world of farming and agriculture is not one size fits all. Each operation has its own set of challenges and financial needs, which is why finding an ag lender that fits just right for your needs is essential. Whether you’re looking to expand your existing operation, starting a new venture or simply exploring options for an upcoming purchase, partnering with the right lender can make all the difference.
What is the role of an ag lender?
With so many different loan products designed to suit many needs, working with an ag lender who understands your day to day can help you reach your unique goals. As Zach Grossman, Ag Loan Officer and VP of our Carrollton Branch explains:
“An ag lender is someone who has in-depth knowledge of the trade itself. Farming, and all agricultural related trades for that matter, is a very intricate process, and includes many risk factors (weather, markets, etc.). The more knowledge and involvement the lender has with this process, the more easily they will be able to relate and understand just what it takes to make and keep their customers on the right track to success.”
Farmers have a lot of factors to consider when exploring their lending options and working with a knowledgeable lender can help them understand all the available solutions. Ag lenders can also help address some frequently asked questions by farmers regarding commodity prices and predictions, farmland values, as well as specific concerns from interest rates to down payment requirements.
How do Ag Lenders tailor plans for individual farmers?
A good ag lender will gain a thorough understanding of your farm’s financial picture, allowing them to provide more than just loans; they can offer guidance and flexibility. Much like a cap that complements your everyday needs, a good lender will offer solutions that align with your farm’s specific requirements.
When creating your tailored financial plan, your ag lender will work with you each year to put together a detailed outline of your cash flow, utilizing average production history to keep these projections realistic. The more detailed it is, the better it will accurately predict your financing needs. Your lender will not only consider your farm’s financial outlook, but also your individual household requirements. For example, younger borrowers with larger families at home will have higher living expenses factored into their cash flow than borrowers with an empty nest.
Tips to Consider When Making Important Financial Decisions for Your Farm
The goal of an ag lender is to pair you with the right banking products to meet your farm's cash flow needs, as well as finance large purchases to not only begin and expand operations, but keep your farm in good working order, running smoothly and efficiently. Our ag lenders work one-on-one with area farmers every day when they make big decisions that affect the success and future of their ag business.
Work with an Ag Lending Professional at BTC Bank
An experienced ag lender can work with you to tailor a financing plan to both your farm and your family’s specific needs. When you find that perfect fit—whether it’s a cap or a lender—you’ll know it. Choose a lender who not only provides the right solutions but understands your goals as much as you understand your farm.
At BTC Bank, our lending decisions are made locally, and we strive to provide personalized, efficient service to deliver the best financing solution for you, when you need it. To learn more about what makes ag lending different at BTC Bank, call or stop by your local branch location today.
