At F&M Bank, we are proud to have assisted farming operations expand and grow their business over the years. Our goal is to continue to be a resource for new and existing ag producers grow and remain profitable in the future. We offer the following lending products to attain these goals:
Operating Lines of Credit available
- Short-term use
- Crop inputs
- Operating expenses
- Feeder livestock purchases
Livestock and Equipment Loans
- Structured financing for new and used farm equipment
- Financing available for breeding livestock
Our tailored financial solutions support your agricultural needs, offering specialized farm machinery loans and ag equipment loans to help you acquire new or used equipment. Additionally, we provide financing for breeding livestock, ensuring your farm's growth and continued success.
Real Estate Financing
- New construction for hog and cattle facilities
- Long term, fixed rate financing for the purchase/refinance of farm land
Government Program Options
- LIFT Loan Program: The Small Business Linked Investments Program will inject capital into small businesses and farms owned and operated by Iowa residents
- FSA Guarantees: Provides financing for agriculture operating, intermediate, and long term needs with interest rate reduction options available
- SBA Guarantees: Provides financing options for intermediate and long term needs
Beginning Farmer Loan Program (IADA): Provides loans to new farmers with attractive interest rates and terms
New or Beginner Farmer Loans
F&M Bank is committed to supporting emerging farmers with farm loans for beginning farmers. We provide accessible solutions with our beginning farmer loan options; contact us to find the right fit for your needs.
Ag Loan Interest Rates
Staying informed about ag loan interest rates is crucial for effective financial planning. Interest rates can vary based on factors like loan type, term length, and market conditions. Keeping track of current interest rates for farm loans enables you to make informed decisions that align with your farming goals.
Visit the USDA’s current FSA Loan Interest page to get an idea on what farm loan rates are currently at.
Our team is dedicated to helping you navigate the landscape of agricultural loans, providing you with the insights and information necessary to make the best financial choices for your farm's success.
