Agricultural Loans 

Agricultural LoansFirst National Bank Minnesota recognizes that agriculture plays an essential role in our economy. We are dedicated to providing farmers and agri-businesses with the best financial products and services available. The bank's agricultural lenders are ready to work with you to develop a solid financial plan that will help your farm or business operation succeed. Listed below are the typical types of agricultural loans that can be used to assist you. Operating Loans Operating loans or lines of credit can help level out your cash flow throughout the year. First National Bank Minnesota understands the uncertainties of agri-business and can assist you in planning your operation throughout the year.
  • Annual or revolving credit line loans
  • Term loans
  • Fixed or variable rate options
  • Purchase of breeding and/or feeder livestock
Equipment Loans First National Bank Minnesota knows that every farm operation is different. If you are looking to purchase machinery or equipment, we have a range of lending products with flexible terms to suit your individual needs.
  • New or used equipment financing
  • Flexible repayment terms
  • FSA guaranteed loans
  • Farm equipment leasing options
Real Estate First National Bank Minnesota offers a variety of farm real estate loans for purchasing land, tiling, refinancing real estate, new construction of buildings or building improvements. Our experienced leaders can help you find the right loan with repayment terms tailored to your type of operations.
  • Balloon loans available with various terms
  • Fixed rate loans
  • Flexible down payment requirements
  • Competitive closing costs
  • Choice of repayment options
  • Purchase money or refinance
  • FSA guaranteed loans
  • RFA loan participation
Special Agricultural Loan Programs First National Bank Minnesota has a highly qualified staff to process the various types of Farm Service Agency (FSA) guaranteed loans, which may also include interest assistance. Rural Finance Authority (RFA) loans, available through the State of Minnesota, are also available:
  • Basic Farm Loan Program
  • Seller Assisted Program
  • Agricultural Improvement Program
  • Restructure II Program
  • Livestock Expansion Program
  • Ag Best Management Loan Program

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