There are multiple ways to structure a hog farm loan that can build, expand, or update your hog farming operation. With variable terms and conditions and programs on federal, state, and local levels, you need a partner who understands lending and the Ag business.
Whether you’re eligible for various programs depends on your exact situation. That’s why you need a lending professional who understands you and the lending options available on all levels for your hog farm.
RFA (Rural Financing Authority) offers low-interest loan programs to farmers for a wide variety of activities depending on eligibility. An FIB Ag lending expert can help you find the programs and products that are right for your swine farm.
AgBMP is an environmental initiative that is designed to help Ag professionals to use Best Management Practices within their operations. The program provides low-interest loans to farmers, rural landowners, and agriculture supply businesses.
Certain lending solutions could be available to you depending on the efforts you’re taking in certain environmentally-sensitive or ecologically aware farming practices, like minimum tillage or erosion reduction.
To see if you’re eligible for these or other lending products for your hog farm, connect with an FIB lending expert today!
