Agricultural Loan Programs
Rabobank Farm Loan Program with a FSA Loan Guarantee
Loan Purpose
- Annual operating budget
- Equipment acquisition
- Plant improvement
- Refinance debt
- Development loans
Qualification
- Business must be located within these service area: Fresno, Inyo, Kern, Kings, Mariposa, Merced, Mono, Stanislaus, Tulare, Riverside, San Bernardino, Inland Empire Region, Tuolumne Counties, and parts of Northern California
Maximum Limit
- Up to $1,000,000
Rates and Terms
- Variable
- 9.0%
- Maximum term of 10 years, subject to the project. Balloon payment are acceptable
Collateral
- Crops and crop receivables
- Machinery and equipment
- Real property
- Farm Service Agency (FSA) 90% loan guarantee, in most cases
Loan Fees
- 2 ½% – 3 ½% fee
- $350 documentation fee
- All “Out-of-pocket” expenses
Direct Agricultural Loan Program with a FSA Loan Guarantee
Loan Purpose
- Annual operating budgets
- Equipment acquisition
- Plant improvement
- Refinance debt
- Purchase real estate
- Development loans
Qualification
- Business must be located within VSBDC’s service area: Fresno, Inyo, Kern, Kings, Madera, Mariposa, Merced, Mono, Stanislaus, Tulare, Riverside, San Bernardino, Inland Empire Region, Tuolumne Counties, and parts of Northern California
Maximum Limit
Rates and Terms
- Variable
- 9.0%
- Maximum term of 25 year amortization; 15 year balloon (first trust deed position)
Collateral
- Crops and crop receivables
- Machinery and equipment
- Real property
- Farm Service Agency (FSA) 90% loan guarantee
Loan Fees
- 2 ½% – 3 ½% fee
- $350 documentation fee
- All “Out-of-pocket” expenses