Agricultural Financing

Benjamin Capitals offers wide range of agricultural loans that customize to meet your unique needs at any stage of your farming operation’s life cycle. And we back every loan we offer with professional service and a true understanding of what it takes to manage your business.

Customized loans are also available, and solutions can be created to meet your individual needs. Products we offer farm machinery, land purchases, equipment purchases, cash crop farms, ranches, vineyards, orchards, horse farms, livestock operations, dairies and more. Whether you are purchasing, refinancing, making improvements or pulling cash out, we have the loan products and knowledge necessary to help you achieve your goals.

Agricultural Loans - Real Estate

For all Full Time Farmers

  • Purchase / Refinance of Real Estate
  • 70% Max Financing Operators who are rolling their equipment
  • WSJ Prime / LIBOR / T-Bill
  • Variable and Fix Rates
  • Debt to Assets Ratio 50% (if higher we can use the FSA Program)
  • 3 to-30 year Terms / 25-30 Years Amortization
  • Recourse
  • Min Loan Amount $200,000 for Purchase or Refinance of Real Estate

Agricultural Loans - Operating & Equipment

For all Full Time Farmers

  • Farm Operating Loans and Equipment financing available for the Large
  • Top tier of Operators
  • Operating Loans can be secured by 1st Mortgage on Real Estate
  • Debt to Assets Ratio 50% (if higher we can use the FSA Program)
  • Up to 5 year Term on Operating Loans and Equipment Lines
  • Min Loan Amount $1,000,000
  • Min Loan Amount if using the FSA Guaranteed Loan Program $300,000

Agricultural Investor Loan Program

Companies/Entities that pool funds from individuals, or other resources, with the goal of acquiring agricultural real estate and leasing the property out for a constant return to Investors or Individuals/Entities with a majority of assets in non-agricultural investments

  • Purchase or Refinance of Farm Real Estate
  • Lines of Credit to Purchase Additional Farms secured by Free and Clear Farms
  • Maximum Debt to Asset ratio of 50%
  • Current Ratio:
    • Cash Lease - 1.10 to 1.0
    • Self-Operated – 1.25 to 1.0
  • Minimum Property DSC of 1.00 to 1.0
  • Minimum Total DSC of 1.00 to 1.0 (after distributions)
  • Maximum Loan to appraised market Value or cost to purchase, whichever is less of 55%
  • Minimum Loan Amount is $1,000,000

For all Ag commodity and food processing plants, dairy, beef cattle, swine, egg and broiler facilities, cold storage and distribution warehouses

  • Acquisitions, expansions, working capital or debt refinancing
  • 5, 10, 15 & 20 years / Interest rate lock at application
  • Typically Fixed Rates, Floating Rate also available
  • Loan Amounts from $2,500,000 to $100,000,000

Credit Package for Agricultural Programs:

  • Executive Summary
  • Personal Financial Statement
  • 3 Years of 1040’s including Schedule F
  • 3 Years of subject 1120, 1065, Schedule F
  • Interim Year to Date Profit & Loss and Balance Sheet
  • Credit Report

To learn more about the options available to you, contact us today.