It's no secret that agriculture plays a huge role in the success of our local economy and Peoples Exchange Bank has a long history of being a dependable partner for agriculture loans and financing. We understand the business needs of farmers and agriculture businesses. Whether you run a large agricultural operation, own livestock, or have a small family farm, we have the lending authority and ability to make decisions locally with the best rates, terms and customer service.
Agricultural Real Estate Loans
Designed to be used for the purpose of real estate, building expansion or refinancing, Peoples Exchange Bank's agriculture real estate loans come in a variety of options.
- Fixed and variable rate loans that are amortized up to 25 years.
- Farm Service Agency (FSA)/USDA Guaranteed Loan Program - FSA loans offer more favorable terms when you are looking to refinance or restructure your debt.
Ag Equipment Loans
Looking to purchase or update your farm equipment? Peoples Exchange Bank's flexible financing options help you get the dependable and vital farm equipment you need. Fixed or variable rate equipment loans are available for terms ranging up to five years, and Peoples Exchange Bank's lenders work out a repayment plan that best fits with your cash flow.
Operating Lines of Credit
Whether for short-term or annual farm operational costs, operating loans and lines of credit can help fulfill your cash needs. These loans can be used for items like crop production or feeder livestock purchases. If you require a little more flexibility in your financing, revolving lines of credit are also available to allow you to get cash when you need it.
*All loan products subject to credit approval.