Backed by competitive rates and an array of helpful ag financing solutions, our team is ready to walk you through the application process to help you secure a financing solution that fits your unique operation.
FBN Finance offers fixed rates for operating line amounts of $1 million or less, and variable rates for amounts greater than $1 million. Thanks to our low overhead and nationwide farmer network, FBN Finance is often able to save customers thousands of dollars.*
With a streamlined, digital application and no application fees, there's no need for farmers to waste valuable time driving to the bank to start applying for the funds they need to grow their operation. Plus, lines under $1 million receive a decision and rate instantly.
At FBN Finance, our team comprises experienced ag and finance professionals. We understand that every farmer is different, so we’re prepared to work with you directly to help provide custom solutions to your ag financing needs.
The team at FBN Finance is "really nice and friendly, [and] easy to get a hold of," says Robert Boeck, a farmer from Minnesota. "If you've got a question, they're always there.
Purchase the herbicide, fungicide, insecticide, seed, and other ag inputs you need to run a successful operation.
One of the most expensive aspects of farming is rent. Pay your farmland rental no matter the season.
Cover time-sensitive labor costs to help your operation run smoothly.
Fund repairs and new machinery purchases that will help your operation run more efficiently.
What are the eligibility requirements for a farm operating line?
There are several factors that are considered. The majority of approved borrowers have a credit score of at least 680; however, some exceptions exist. Additionally, repayment history, the line of credit amount requested relative to the applicant’s income and operation scale, and the overall financial health of the applicant’s ag operation impact eligibility. Multi-function crop and livestock operations are many times a good fit because farm operating lines call for crop production as the collateral. However, single livestock operations are not a fitting match.
How do I obtain an advance?
Advances are provided through a wire or ACH request and are electronically transferred once approved.
What is the time frame for receiving my funds upon request?
After your request has been made, funds can be electronically deposited into your account in as few as two business days.
Does FBN Finance offer revolving lines of credit?
Yes, all of FBN Finance’s lines are revolving.
Does FBN Finance offer fixed rate operating lines?
FBN Finance offers fixed rates for a maximum of $1 million, and variable rates for amounts greater than $1 million.
Is there a minimum or maximum loan amount?
FBN Finance loan amounts range from $150,000 to $1,000,000.
What can be used for collateral?
Operating lines can be secured by crop proceeds, crops, and crop insurance, or a blanket lien on all farm assets, depending on what the farmer is approved for.
