Bridge and Permanent financing
$1 million to $100 million
Permanent Loans
Popular Ag Finance (PAF) offers agricultural real estate permanent loans for stable agricultural operations and features the following:
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Permanent floating and fixed rate real estate loan products starting at 5%
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5, 10, 15, 25 and 30 year fixed periods
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Up to 70% LTV of ag real estate value
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30-45 day closing
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680 standard credit score requirement with No score options
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$1-100 million loan sizes
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No restrictive yield maintenances, swaps, prepayment penalties or loan covenants
Bridge Loans
Popular Ag Finance (PAF) offers agricultural real estate bridge loans for distressed farmers with delinquency, credit and/or cash flow issues and features the following:
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Bridge rates from 6-9% with interest only payments
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1-3 year terms
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Up to 65% LTV of ag real estate value
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30-45 day closing
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No credit score requirements
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$1-100 million loan sizes
Lines Of Credit
Popular Ag Finance (PAF) offers real estate secured lines of credit as a better alternative to traditional operating lines and features the following:
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3-5 year lines of credit with NO annual renewals needed
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Interest only payments so you control your own annual carry over
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No crop, cattle or equipment liens so you control your own commodity sales/income
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Monthly draws with NO pay down
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requirements other than semi-annual interest only
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30-45 day closing
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$1-100 million