Agricultural Loans | Ag Banking
First National Bank and Trust Company offers different options for agricultural loans, lines of credit and real estate loans, both in-house and through our preferred partners. Our experienced lenders are diligent to keep you informed during every step of the process.
- Financing for agricultural needs
- Competitive rates
- Fixed or variable rates available
- Flexible terms
- Easy application process
- Efficient in-house processing
- Friendly service from experienced ag lenders
- Farm management services referrals available
- Subject to credit approval
First National Bank and Trust In-House Ag Loan Options
Our agricultural clients use various types of ag loans for the following reasons:
Livestock
Seasons and markets change quickly. Let us help streamline your commercial or pure-bred livestock (cattle, swine, poultry, equine, etc.) operation with a livestock loan that suits your cash flow needs.
Equipment
When you're ready to purchase or upgrade equipment (grain bins, combines, tractors, trailers, semis, etc.), we're ready to discuss your financing options. No matter what you raise, we have the options to finance the equipment that is critical to your success.
Ag Line of Credit
Be prepared with a ready line of credit for your farm's needs such as seed, chemical, fertilizer, cash rent or other inputs. Flexible, short-term, asset-based financing can help you manage your cash flow. Have readily available financing for when you need it and only use what you need.
Ag Real Estate Loan
Good farm ground can be hard to come by. Purchase or refinance your farm property with a local, community-minded bank, where processing and decision-making is kept local. Our lenders are familiar with the local real estate market and will work with you to provide financing options that meet your needs. We finance crop and pastureland, as well as buildings or structures necessary to the success and development of your operation. Ag real estate loans are also utilized to purchase Morton® buildings, barns and grain bins.
Loans Available through TS Ag Finance
In 2015, our holding company started a new division called TS Ag Finance which serves producers throughout the United States. The financing options offer unique and flexible products for the agricultural producer and investor looking to expand their operation, refinance into a more favorable loan product(s) or consolidate debt.
Farmer Mac
Farmer Mac offers long-term fixed interest rate products or short-term adjustable interest rate products. In addition, Farmer Mac offers a long-term revolving real estate line of credit with a five-or-10-year draw period. Producers growing a wide variety of commodities throughout the United States can use this program. Farmer Mac loans are secured by a first mortgage on agricultural real estate.
AgXpress
AgXpress is Farmer Mac’s new scorecard approval program. Look to the AgXpress program for quick underwriting decisions after receipt of a signed application which includes limited required financial information. This program is also available for agriculture real estate purchases or the refinance of agriculture real estate debt when the request is $1,500,000 or less. Product offerings include a variety of adjustable and long-term fixed interest rate options along with choice pricing options. Loans are secured with a first mortgage on agriculture real estate.
Triple R
For rapid request and response, look to the Triple R program for underwriting decisions within 48 hours and limited required information. The Triple R program is available for agriculture real estate purchases or the refinance of agriculture real estate debt when the request is $2,500,000 or less. Product offerings include a variety of adjustable and long-term fixed interest rate options. Loans are secured with a first mortgage on agriculture real estate.
How do I apply for an agricultural loan, ag line of credit or ag real estate loan?
If you’re interested in learning more about agriculture loans or starting the application process at First National Bank and Trust Company, simply fill out the form below to access the Personal Financial Statement to get started. A lender will be in contact within one business day.
Our lenders are available to guide you through this process. Feel free to give us a call, send us an email, Video Chat or stop by one of our locations to get the process started.
Please mail or drop off your completed financial statement at any First National Bank and Trust Company location or request a secure email thread by emailing mybank@firstnbtc.com. We ask that you do not submit these or other personal, financial or proprietary information through regular email communication as it is not considered a secure transmission of personal data.
DO MORE with your money at First National Bank and Trust Company
At First National Bank and Trust Company, we IGNITE PROSPERITY® by helping our clients do more with their money. Whether it’s saving a little extra cash each month or accomplishing a long-term strategy, our goal is to help you transform your financial life. Call and schedule an appointment today, one of our team members would love to help you do more with your money at First National Bank and Trust Company. First National Bank and Trust Company has locations in Illinois and Wisconsin. For more information visit firstnbtc.com or contact us at 217-935-2148 in Illinois or 866-566-2265 in Wisconsin. #igniteprosperity
Subject to credit approval.