Farm Loans for Illinois Agriculture
Are you looking for a farm loan in Illinois? Do you have farm real estate? Do you need operating capital? Conterra provides farm real estate backed loans in Illinois and throughout the United States. Conterra can provide a variety of loan products including revolving lines of credit (RLOC) in Illinois. You can refinance your RLOC into a low long term fixed rate which can help reduce your risk in your Illinois farm operation. Joe Erickson is our relationship manager in Illinois and he knows the challenges that Illinois 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.
Illinois Ag Production
Conterra knows Illinois corn, beans, pork, wheat and cattle are the top agricultural products in the state. Also one of the nations top agricultural exporters due to it’s central location and superior transportation system, the state has the largest rail gateway and 1,118 miles of navigable waterways for barge traffic. The main commodities in Illinois agriculture are corn, soybeans, hogs, cattle and calves and dairy products.
Lending in Illinois 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 Illinois 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 Illinois through our network of certified appraisers.
Some of the most common equipment found in agriculture are tractors, plows, combine, planters and harvesters.
Let's Talk Farming
We have many creative financing options for your farm or ranch and a simple application process. Fill out our loan application form and one of our ag lending experts will get back with you quickly to discuss your financing needs.