Heritage Land Bank

Production Lending

Agricultural Production Loans

From agribusiness loans, equipment loans, and livestock loans, to loans for agricultural real estate, seasonal operating, and loans for Young, Beginning, and Small farmers (YBS), Heritage Land Bank provides a variety of agricultural production loans with attractive rates and flexible terms. Financing options for the purchase of livestock are also available.

AgriBusiness

Heritage Land Bank offers loans for purchasing land for your agribusiness or purchasing an existing agribusiness. Capital improvement financing for your agribusiness or loans for acquiring operating capital are also available, along with refinancing.

Equipment Loans

Heritage Land Bank offers loans to purchase new and used equipment. Equipment Loans cover virtually any type of agricultural equipment from tractors, combines, and hay bailers, to trucks, timber harvesting equipment, and trailers. We also offer equipment leasing as an additional option.

Livestock Loans

Financing your livestock purchase is easy with a loan from Heritage Land Bank. Lending programs are available for the purchase of beef cattle, cows and calves, stockers, feedlot cattle, dairy cattle, and others.

Real Estate Improvement Loans

From dwellings, fencing, barns, and roads, to tank or lake construction and many other improvements, Heritage Land Bank has a loan to meet your purpose. Through our long-term lending, loans to improve farm or ranch property may be made with up to 30-year terms.

Seasonal Operating Loans

Heritage Land Bank offers short- and intermediate-term financing for your seasonal operating needs. Loans for seasonal labor, feed, crop production, transportation of farm products, operating expenses for part-time farmers and ranchers, fertilizer and chemicals, harvesting expenses, and fuel costs are all available. Understanding that most farming and ranching businesses are seasonal and understanding the challenges that presents, allows Heritage Land Bank to offer their lending expertise to help you grow your business even when you have seasonal peaks in expenses.

YBS: Loan Programs for Young, Beginning, and Small Farmers and Ranchers

Young, Beginning, and Small (YBS) farmers and ranchers face significant obstacles in securing adequate capital. Heritage Land Bank provides a dedicated source for financing the future of America’s agricultural and aquatic production through support of YBS farmers and ranchers.

Heritage Land Bank YBS Loan Programs include the AgFast Loan Scoring Program, the 4H & FFA Loan Program, and Government Guarantee Programs. The Young, Beginning, and Small (YBS) Farmer/Rancher Programs exist in order to offer more financing options for farmers and ranchers who fit into certain categories. The YBS Program offers alternate financing and guarantee options for farmers and ranchers who are just getting started, as well as small or part-time operations.

Financing to YBS operators is of utmost importance. The future success of America’s agricultural and/or aquatic production is dependent on adding and retaining a new generation of producers who are well trained in production and marketing and who have access to a steady source of financing.

What is a Young, Beginning or Small Farmer?

     • Young Borrower:
          A farmer, rancher, or producer or harvester of aquatic products
          who is age 35 or younger as of the loan transaction date.

     • Beginning Borrower:
          A farmer, rancher, or producer or harvester of aquatic products
          who has 10 years or less of farming or ranching experience as
          of the loan transaction date.

     • Small Farmer and/or Rancher:
          A farmer, rancher, or producer or harvester of aquatic products
          who normally generates less than $250,000 in annual gross
          sales from agricultural or aquatic products.

YBS Loan Programs

     • AgFast Loan Scoring Program
          The Heritage Land Bank AgFast Loan Scoring Program is
          designed to provide quick loan approval on loans under
          $300,000. The AgFast Loan Scoring Program meets the lending
          needs of the majority of Heritage Land Bank YBS borrowers.

     • 4H & FFA Loan Program
          The Heritage Land Bank 4-H and FFA Loan Program provides
          financing to students involved in 4-H or FFA who need assistance
          purchasing their market or breeding livestock, materials for shop
          projects, or purchasing feed for their livestock. A maximum loan
          amount of up to $5,000 is available at a low interest rate. The
          student and parents and/or a legal guardian must sign the note
          agreeing to the repayment terms. Applicants for the 4-H and FFA
          Loan Program are subject to certain qualifications.

     • Government Guarantee Programs
          When possible, Heritage Land Bank uses various Government
          Guarantee Programs in order to create loans for young,
          beginning and small farmers.