Western AgCredit can lend money for any agricultural purchase. Repayment schedules for all loan programs can be set on a monthly, quarterly, semi-annual or annual basis. The most common loan programs include:
Operating Loans
Available for day-to-day operating needs for crop production and harvest expenses, livestock and feed purchases, taxes and any other agricultural expense. Funds are available in the form of budgeted loan disbursements and repayments or a flexible revolving line of credit that allows repaid funds to be used over and over again.
Equipment Loans
Available for farm machinery purchases and production and processing equipment purchases. Loan terms vary; most are from three to seven years.
Livestock Loans
Available for herd expansion/addition and repaid over a period of time. Loan terms vary; most are from three to seven years.
Real Estate Loans
Financing for up to 30 years is available for real estate purchases, construction of facilities and other improvements, water and irrigation projects, debt refinance and consolidations, and nearly any agricultural purpose secured by a first lien on real estate