Iowa Bank offers a wide range of operating loans to fit your operation. Loans can be obtained for crop and/or livestock operations. Terms and conditions are custom-tailored to your specific needs. Operating loans are structured to match cash flows and have competitive adjustable interest rates. Loans are secured by crops, livestock or other assets with high liquidity value. Iowa Bank puts great emphasis on cash flow lending, so if your collateral position is marginal please give us a call.
Machinery & Breeding Stock Loans
Considering a loan to purchase that new tractor, trade in your old worn out combine, or replace that aging sow or cow herd for a better producing herd? Give Iowa Bank a call. We have loans available for just about any type of machinery or breeding stock. We have competitive interest rates that can be variable or fixed for the term of the loan. Loans are generally secured by the underlying asset being purchased or with like-collateral within your existing operation.
Agricultural Real Estate Loans
Iowa Bank offers real estate loans for the purchase or refinance of agricultural real estate or consolidation of debts. Long-term amortization at competitive rates are available. And Iowa Bank real estate loan has one great advantage - low closing costs! Email or give one of our Ag Loan Officers a call today about the many advantages of an Iowa Bank Agricultural Real Estate Loan.
FSA-Guaranteed Farm Loans
We offer FSA (formerly known as Farmers Home Administration) guaranteed loans for borrowers who do not fit our other traditional loans. These loans can be for operating, machinery, livestock, real estate and debt consolidation. Excellent program to help the beginning farmer get started in farming. Iowa Bank does not charge points to process your application, which helps on the already strained cash flow. This program is well suited for cash strapped and/or highly leveraged farm operations.
Beginning Farmer Loans
Another excellent program to help the young and/or beginning farmer is the "Beginning Farmer Loan" program. This product allows the borrower to procure funds at well-below-market interest rates for purchase of agricultural real estate, machinery, equipment and livestock. This program is well-suited for the operation with a tight cash flow. Program also available to assist in down payment loan for purchasing agricultural real estate. Iowa Bank is committed to the future of agriculture and its starts with getting our young farmers affordable credit!
Please see our leasing section for details about this exciting financing product.