Farm Credit of Western New York: Financial Solutions: Loan Options

Loan options at a glance

Commercial Loans
Purpose	For Example...	Key Benefits	Rates
Ongoing expenses	• Operating inputs (labor, fertilizer, repairs) • Any business expense • Letters of credit	• Matched to your production cycle, usually 12 months • Revolving and nonrevolving lines of credit	• Var. • Fixed
Capital assets	• Machinery, vehicles, equipment • Livestock • Buildings and improvements • Non-ag investments • Letters of credit	• Specific term, usually 1 to 10 years • Revolving and nonrevolving lines of credit	• Var. • Fixed
Environmental projects More details ... See how Leo Dickson & Sons, Inc.have used this program.	• For just about every environmental need • Chemical and fuel handling facilities • Manure lagoons • Compliance expenses for federal, state and local regulations • Equipment for transportation and removal of ag inputs, waste and byproducts • Containment and storage facilities for ag inputs, waste and byproducts	• Special low rates: more than two percent below prime • Terms up to 1o years • LIMITED TIME OFFER	• Var.

Real Estate Loans
Purpose	For Example...	Key Benefits	Rates
Long-term needs	• Real estate • Building and improvements	• Specified term, usually 10 years or more	• Var. • Fixed
Non-ag purchases	• Investment properties • Vacation homes • Family homes • College	• Available for full-time ag business	• Var. • Fixed
A home in the country	• Building, purchasing, improving, remodeling or refinancing a new or existing home	• Repayment terms up to 30 years • A home, and extra acreage	• Var. • Fixed • Adj.

Special Programs
Purpose	For Example...	Key Benefits
Young, Beginning and Small Farmer Program	The demands for capital and financial management make starting a new agricultural business difficult. That's why we offer flexible loans and reduced fees on financial services for young farmers (under 35 years old) and for beginning and small farmers (with less than 10 years of farming experience). We are interested in talking to farmers with a: • solid business plan • likely potential for success • willingness to work hard	We offer discounts on the following services: • Agrifax® record-keeping • Tax preparation • Business consulting In some circumstances, we will also waive the following fees: • FSA guaranteed loan fees • Farm Credit loan closing fees
Guaranteed Loan Program	We are committed to helping people enter agriculture.	We will help you prepare and submit an application to the Farm Services Agency for a guaranteed loan if your financial picture is not all that it could be. Note that you'll need to meet certain conditions to be approved for an FSA loan.
State Programs	Our loan officers will work with you to find state-run programs that help businesses like yours.	For example, we can help you find low-interest loans for labor housing projects.

Farm Credit of Western New York is an equal housing lender.

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