Ag Banking

Meet Our Ag Lender!
Assisting you with Agricultural Loan Products and Services
  Ken Jenks
Ag Lender
NMLS #646077
Greenleaf Office
920-864-7901

 

Real Estate Loans

  • Farmland, buildings and facilities
  • 1-3 year balloon note
  • Amortization period from 10-25 years

Personal Property Loans

  • New or used equipment financing
  • Purchase of livestock
  • Amortization period up to 7 years
  • Secured with personal property, cattle, or machinery
  • Flexible repayment terms

Operating Loans/Revolving Lines of Credit

  • 1 year balloon note
  • Used for farm operating expenses
  • Secured by real estate or personal property (cattle or machinery)

 

Specialty Loans

Farm Service Agency Guaranteed Loans (FSA)

  • Types of Loans Available:
    Line of credit loans for operating purposes
    Personal property loans on cattle and machinery
    Real estate loans on land and buildings
  • Loans are funded and serviced by the bank
  • Farm Service Agency can guarantee up to 90% of the outstanding loan balance

 

WHEDA

Crop Relief Outreach Program (CROP)

  • Up to 90% guarantee on loans up to $100,000.00
  • For services or consumable goods necessary to produce an agricultural commodity, such as fertilizer, seed, fuel, animal feed, land rent or WHEDA fees
  • To be eligible the borrower must be currently operating a farm premise; Borrower's debt to asset ratio must be 40% or greater; and farm must be located in Wisconsin

Farm Asset Reinvestment Management (FARM)

  • Lesser of: 25% of the FARM loan; or borrower's net worth including the FARM loan; or maximum $200,000 guarantee ($100,000 if using other government financed programs)
  • For the acquisition of agricultural assets such as machinery, equipment, facilities, land, livestock; improvements to facilities or land for agricultural purposes or WHEDA fees

Beginning Farmer Bond Program (BFB)

  • Reduced interest rate for first-time farmers, using federally tax exempt bond financing
  • For agricultural land, agricultural improvements, new or used equipment or livestock
  • To be eligible you must be a new farmer, not currently an owner of farm land; farmer's net worth (including spouse and children) may not exceed $250,000; and farm size cannot exceed 30% of county median
  • For additional WHEDA information, click here.

 

Documentation Needed to Process A Loan Application:

  • Current Financial Statement
  • Last 3 years complete Income Tax Returns
  • Background information on owners and farm operation
  • Business plan
  • Cash flow statement

 

Payment Protection
Optional Credit Life & Disability Insurance insures that your loan will be repaid in the event of your death or disability.

 

You can request your credit report or dispute findings on your credit report ONLINE! Click here to connect to TransUnion and request your report TODAY!

 

NOT A DEPOSIT · NOT FDIC INSURED · NOT GUARANTEED BY THE BANK · NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY · MAY GO DOWN IN VALUE

 

AG LINKS
UNIVERSITY OF WISCONSIN-EXTENSION DOANE AGRICULTURAL SERVICES
HOARD'S DAIRYMAN MAGAZINE SUCCESSFUL FARMING ONLINE
BROWN COUNTY EXTENSION WISCONSIN DAIRY PRODUCERS
WISCONSIN FARM BUREAU US DEPARTMENT OF AGRICULTURE
FARMERS ALMANAC AG WEB

 

 

MARKETS
CHICAGO BOARD OF OPTIONS EXCHANGE CHICAGO MERCANTILE EXCHANGE