Farm Credit Services Southwest: Financial Solutions: Loan Options

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

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.