Farm Loans for Utah Agriculture
Are you looking for a farm loan in Utah? Do you have farm real estate? Do you need operating capital? Conterra provides farm real estate backed loans in Utah and throughout the United States. Conterra can provide a variety of loan products including revolving lines of credit (RLOC) in Utah. You can refinance your RLOC into a low long term fixed rate which can help reduce your risk in your Utah farm operation. Conterra also offers crop insurance and operating lines of credit in Utah. 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.
Trisha Lillie is our relationship manager in Utah and he knows the challenges that Utah 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.
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Utah Ag Production
Conterra knows Utah agriculture is a diverse economy. Utah has 11 million acres in farm and ranch production. The Beehive state’s livestock industry accounts for 69 percent of Utah’s farm cash receipts. The state is also ranked second in tart cherries, third in apricots, and so much more. The main commodities in Utah agriculture is hay, beef cattle, dairy cows, sheep, barley, and various fruits.
Lending in Utah FAQ's
Yes, Conterra offers ag real estate lending. We have creative financing to maximize your purchasing power through ag real estate collateral.Â
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 Utah 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 Utah through our network of certified appraisers. With our Conterra Ag Premier application we utilize an internal evaluation on the property.
Yes, Conterra offers crop insurance in Utah. This includes Margin Protection, Yield Protection, Whole Farm Revenue Protection and other farm insurance products. Please visit our Crop Insurance Page to learn more or contact your regional relationship manager to learn more.
Yes, Conterra has (OLOC) operating lines of credit programs for farmers and ranchers in Utah. You can learn more on our Operating Loans page or contact your regional relationship manager to learn more.Â
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.