Competitive rates on long-term fixed-rate financing options.
Meet the routine cash flow needs of your business and manage risk.
Modernize with affordable, convenient financing.
Acquire flexibility and potential tax benefits.
Financing farm-related services such as custom application.
Maximize returns by putting idle funds to work where they generate the best return.
Financing for ag equipment and irrigation systems.
Offering established row crop farmers the caliber of financing they need to remain competitive and expand.
Large-scale producers receive financing to stay competitive and manage, improve or enlarge their operations.
We help producers embrace opportunities and surmount milk price hurdles the market can present.
Specialized financing for food and protein processors, feed millers, retailers and
Large, established poultry and egg producers receive financing that takes market swings and regulations into account.
Large-scale pork producers, integrators and processors receive guidance and resources to help expand their operations.
We help sawmills, wood processing operations and large timberland owners work to achieve profitability.
The stories, people and programs that are making an impact in rural communities and agriculture.
Collaborating with businesses and others in the agricultural industry that passionately care about rural America.
Initiatives that contribute to the economic vibrancy of rural communities and agriculture.
Where agriculture meets business and expertise meets Insight.
Meet the people and explore the forces shaping the place you call home.
The PPP is part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, which initially authorized up to $349 billion in loans to small businesses nationwide, providing a direct incentive to keep workers on the payroll and meet other critical expense needs. First-round funds were exhausted by April 16, but the Senate on Tuesday approved $500 billion in additional funds, and the House is expected to pass the measure Thursday or Friday.
Though it’s uncertain when funds will be available, Farm Credit Mid-America is encouraging customers to complete applications now so that when the money is available, they can be submitted to the Small Business Administration for approval.
“The past few weeks have been a time of unprecedented change and challenge for our customers, creating new, unforeseen obstacles for them, their families and communities,” said Bill Johnson, president and CEO of Farm Credit Mid-America. “These funds will help farmers pay employees cover certain expenses during the COVID-19 crisis.”
Funds for this program come in the form of loans from approved lenders with SBA guarantees for 100% of the principal amount of the loan. Certain amounts of these loans may be eligible for forgiveness in accordance with the rules of the PPP. Borrowers are responsible for understanding their eligibility to participate in the program and all of the PPP requirements associated with these loans, their use, and any loan forgiveness.
Farm Credit Mid-America is accepting applications only from persons and entities that are currently customers of Farm Credit Mid-America, through online applications.
For more information about Farm Credit Mid-America’s participation in the Paycheck Protection Program, please visit: https://e-farmcredit.com/paycheck-protection-program.
Two incumbents and one new grower and producer added to the Association’s Board of Directors.
Spring weather this year has prevented or delayed planting for some producers. Know your options before filing a Prevent Plant claim.
USDA program includes $16 billion in direct payments to producers to help offset impacts from the pandemic. Applications open Tuesday, May 26.
Stock-holding customers encouraged to vote, continue to help us
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