Unity Bank Ag Loans
Operating Lines of Credit
Flexible financing designed to help farmers manage seasonal cash flow needs and cover daily operational expenses with easy access to funds as needed.
Machinery Loans
Loans tailored to finance the purchase or upgrade of agricultural equipment, helping you invest in essential machinery for more efficient farm operations.
Livestock Loans
Specialized loans to support the acquisition or expansion of livestock, providing the capital needed to grow your herd and enhance your farming activities.
Farm Real Estate Loans
Financing options for purchasing or refinancing farm real estate, including land and buildings, to support long-term agricultural investment and growth.
Farm Facility/Improvement Loans
Loans designed to fund the construction, renovation, or expansion of farm facilities, enhancing infrastructure to boost productivity and operational efficiency.
Government Loans
Access to government-backed loan programs that offer favorable terms and conditions for various agricultural needs, including USDA loans and other federal financing options.
Rural Finance Authority (RFA)
The Rural Finance Authority (RFA) offers essential financial support to Minnesota’s farmers and ranchers through a variety of specialized loan programs. Here’s a snapshot of what the RFA provides:
Affordable Credit
Provides low-interest loans to help manage farm operations, purchase land, and invest in improvements.
Support for All Stages
Assists both beginning and established farmers with tailored financing solutions.
Flexible Financing
Offers programs for purchasing agricultural land, improving facilities, restructuring farm debt, and funding advanced livestock production.
Diverse Programs
- Basic Farm Loan Program: For general agricultural financing needs.
- Aggie Bond Beginning Farmer Program: Assists new farmers with land purchases.
- Agricultural Improvement Program: Finances upgrades and improvements to farm facilities.
- Restructure II Program: Helps reorganize existing farm debt to improve cash flow.
- Livestock Expansion Program: Supports the growth of livestock operations.
- Livestock Equipment Program: Provides funding for new or upgraded livestock equipment.
Partnering with the RFA allows Unity Bank to deliver comprehensive and accessible financial solutions to help farmers thrive and grow their agricultural businesses.
USDA Farm Service Agency (FSA)
The USDA Farm Service Agency (FSA) offers a range of guaranteed loan programs designed to support the financial needs of farmers. These programs provide flexible terms and competitive rates to help with various aspects of agricultural financing. Key offerings include:
Tailored Financing
Structuring rates and terms to meet diverse agricultural needs.
Beginning Farmer Support
Assists new farmers with down payment programs to purchase real estate.
Farm Ownership
Provides guarantees for purchasing or improving farm property.
Machinery and Equipment Loans
Financing options for acquiring machinery, equipment, and livestock.
Operating Lines
Revolving credit designed for managing annual operating expenses.
By partnering with the FSA, Unity Bank can help you access vital funding solutions to grow and sustain your agricultural operations.
Farmer Mac
Farmer Mac (Federal Agricultural Mortgage Corporation) provides vital financing solutions for agricultural and rural development through its Secondary Market loan program. As a government-sponsored enterprise, Farmer Mac offers long-term, fixed-rate mortgage loans to support the needs of farmers.
Long-Term Financing
Offers extended-term fixed-rate mortgage loans, providing stability and predictable payments for agricultural borrowers.
Comprehensive Support
Facilitates financing for a range of agricultural needs, including land purchases, farm improvements, and equipment.
Enhanced Accessibility
Allows Unity Bank to offer competitive loan terms and rates, making it easier for farmers to manage and grow their operations.
Market Stability
Contributes to the overall stability and efficiency of agricultural finance by purchasing and securitizing farm and rural loans.
Partnering with Farmer Mac enables Unity Bank to provide robust financing options tailored to the unique needs of the agricultural community, supporting long-term growth and success in farming and rural development.
Agriculture Management Team
