Farm Loans for New York Agriculture
Are you looking for a farm loan in New York? Do you have farm real estate? Do you need operating capital? Conterra provides farm real estate backed loans in New York and throughout the United States. Conterra can provide a variety of loan products including revolving lines of credit (RLOC) in New York. You can refinance your RLOC into a low long term fixed rate which can help reduce your risk in your New York farm operation. Conterra also offers crop insurance and operating lines of credit in New York. For highly qualified borrowers Conterra has a new credit score based approval program called Conterra Ag Premier, where we can provide quick approvals usually within 24-48 hours of submission.
Robby Frantzis is our relationship manager in New York and he knows the challenges that New York farmers are facing. He is ready to talk about your farm and what Conterra can do to provide financing for your operation. Lets Talk About Your Options.
New York Ag Production
Conterra knows New York agriculture makes up one-quarter of the state’s land area, which equals 7.8 million acres. With more than 35,000 farms in the state, New York is the leading producer ranking 1st in cottage cheese. The main commodities in New York agriculture are dairy products, greenhouse and nursery products, apples, cattle and calves, and hay.
Lending in New York FAQ's
Yes, Conterra offers ag real estate lending. We have creative financing to maximize your purchasing power through ag real estate collateral.
Conterra has long term fixed rates out to 30 years, as well as short term financing, bridge loans, and RLOC’s to meet the financing needs of New York farmers.
Increasing your working capital helps your chances of successfully growing your agribusiness. You have options available through the value of your real estate to expand your operation and mitigate your financial risk by having more cash for operations. Your first step is to talk to one of our ag lending experts to learn more about leveraging the equity and value of your land to help expand your operation.
Can I increase my working capital to finance farm upgrades with revolving line of credit or cash-out operational loan.
Yes, Conterra has many financing options available to help finance your farm’s needs including revolving lines of credit (RLOC) which can later be refinanced into long term loans.
Yes, Conterra will order an appraisal on your land in New York through our network of certified appraisers. With our Conterra Ag Premier application we utilize an internal evaluation on the property.
Let's Talk Farming
We have a many loan products including our Rapid Application which is a credit scorecard based model designed to deliver quick underwriting decisions with a simplified application process.