Farm Loans for Rhode Island Agriculture
Are you looking for a farm loan in Rhode Island? Do you have farm real estate? Do you need operating capital? Conterra provides farm real estate backed loans in Rhose Island and throughout the United States. Conterra can provide a variety of loan products including revolving lines of credit (RLOC) in Rhode Island. You can refinance your RLOC into a low long term fixed rate which can help reduce your risk in your Rhode Island farm operation. Conterra also offers crop insurance and operating lines of credit in Rhode Island. 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 Rhode Island and he knows the challenges that Rhode Island 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.
Rhode Island Ag Production
Conterra knows Rhode Island farmland covers about 10 percent of the smallest state land over 69,000 acres with 1,243 farms. Aquaculture is also a top producer in the Ocean State including 60 operations. Oysters are the number one aquaculture products in the state and are sold to farmers for eating. The main commodities in Rhode Island agriculture are greenhouse and nursery products, dairy products, sweet corn, aquaculture and apples.
Lending in Rhode Island 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 Florida 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.
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 Rhode Island 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.