Ag Lending 101

Post harvest season is a great time to reevaluate your Ag lending needs.

Post harvest season is a great time to reevaluate your Ag lending needs.

The harvest season is upon us and it is a time that celebrates the crops that have survived the harsh summer weather as well as the hardworking farmers who yield these crops. At Timberwood Bank, we are proud to acknowledge and support the farmers in our area who’ve worked tirelessly all year!

Once this year’s harvest comes to an end and the final numbers are reported, it is a great time to evaluate your total farming operation. Here are some things to think about when preparing for next year’s crop and harvest:



If your farming operation relies on livestock, keep in mind that livestock loans are available through Timberwood Bank to help you acquire livestock of all kinds.



If you had a successful harvest this year and pushed your machinery to the max, now is a great time to consider replacing your equipment or to make any necessary additions. Consider an equipment loan when looking to upgrade or purchase new machinery for next season.


Operation Improvements

If 2015 is a great year for you and you are prepared to expand your operation or build additional structures on your property, a real estate loan or construction loan that are specific for Ag purposes is something to keep in mind. Making the improvements or expansions that you need can help improve production for next year.

Timberwood Bank is proud to be a dependable Ag lender, and we also offer Ag financing through the Farm Service Agency (FSA) and Famer Mac for those who may require federal financing. If you have questions about federal Ag loans or any of the Ag loans issued through Timberwood Bank, give us a call today!


Timberwood Bank, member FDIC