Application for Operating Line of Credit

The Conterra Operating Loan Program is designed to provide Operating Lines of Credit (LOCs) to farmers who farm federally insured crops.

We have a quick application process that alerts our lending team of your situation and give us a detailed overview of your operation.

Application for Operating Line of Credit

The Conterra Operating Loan Program is designed to provide Operating Lines of Credit (LOCs) to farmers who farm federally insured crops.

We have a quick application process that alerts our lending team of your situation and give us a detailed overview of your operation.

Operating Loan Application

Please fill out this application with the most accurate and up to date information available. The more information you can provide us from the start the quicker we can get you approved and your operating line funded.

Applicant Information

Primary Applicant Info: Individual

Co-Applicant Information

 



Application Information: Business Entity

 Loan and Property Information

Source of Funds

Use of Funds

Total Source of funds should equal total use of funds. (Attach additional exhibits or descriptions as needed)

Is this financing related to any recent (12 month or less) land transactions? If so, please describe the terms of the land purchase, including purchase price:

General Business Information

 

Consolidated Balance Sheet

Assets/Amount

Liabilities/Amount

Consolidated Income Statement

Gross Farm Income

Collateral- Property Information

Land Information

Collateral - Irrigation Information

5. What percentage of the water supply is provided by the irrigation district and what percentage/cost is supplemented by water exchanges or ground water?

Collateral - Improvements, Lease and Rental Agreement

Signatures and Authorizations

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I authorize Conterra Ag Capital (“Conterra”) to make whatever inquiries it deems necessary, in its sole discretion, in connection with this credit application and any update, increase, renewal, extension, or collection of the credit extended. I further authorize Conterra to complete, and share with third parties, any information that it may have or obtain in response to such inquires and agree that such information along with this application shall remain Conterra's property, whether credit is extended. All information stated in this application is true and correct. I acknowledge that Conterra is relying on the information contained in this credit application as it relates to its credit decision. I further acknowledge that my credit application is subject to underwriting guidelines and approval, that my submission of this credit application does not constitute an offer to lend by Conterra, and that I may not qualify for credit approval.  I HAVE REVIEWED THE ABOVE DISCLOSURE.

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