Need a NEW Farm and Ranch Lender?
Popular Ag Finance can help with
Bridge and Permanent Financing
$1 million - $200 million Nationwide
Bridge Loans
Popular Ag Finance (PAF) offers agricultural real estate bridge loans for distressed farmers with delinquency, credit and/or cash flow issues and features the following:
-
Bridge rates starting at 7% with interest only payments
-
1-3 year terms
-
Up to 65% LTV of ag real estate value
-
30-45 day closing
-
No credit score requirements
-
$1-200 million loan sizes
-
Flexible programs to restructure balance sheets
Permanent Loans
Popular Ag Finance (PAF) offers agricultural real estate permanent loans for stable agricultural operations and features the following:
-
Permanent floating and fixed rate real estate loan products starting at 6.5%
-
5, 10, 15, 25 and 30 year fixed periods
-
Up to 70% LTV of ag real estate value
-
30-45 day closing
-
680 standard credit score requirement with No score options
-
$1-200 million loan sizes
-
No restrictive yield maintenances, swaps, prepayment penalties or loan covenants
Lines Of Credit
Popular Ag Finance (PAF) offers real estate secured lines of credit as a better alternative to traditional operating lines and features the following:
-
3-5 year lines of credit with NO annual renewals needed
-
Interest only payments so you control your own annual carry over
-
No crop, cattle or equipment liens so you control your own commodity sales/income
-
Monthly draws with NO pay down
-
requirements other than semi-annual interest only
-
30-45 day closing
-
$1-200 million loan sizes