Agricultural Loans

Proudly Partnering with Local Farmers

Agriculture is one of the largest drivers of the economy in Southeast Minnesota. Local farmers put food on our tables and provide support for our communities. F & M Community Bank is proud to serve as a lending partner for local farmers. From providing financing to purchase new equipment and livestock, to expansion loans that allow you to add more acres to your operation, we’re here to help you find the right loan. Each loan is handled within our offices, and you’re always working with a member of our staff to find the right terms and rates.

Equipment Loans

From tractors to larger equipment, new equipment is a great way to improve the efficiency of your operation. Don’t risk having a lapse in your production because of faulty equipment. Let our lenders work with you to provide a loan to purchase new or used equipment.

Rural Finance Authority Loans

The Rural Finance Authority (RFA) is Minnesota’s main agricultural lending provider. F & M Community Bank offers RFA loans to our customers that offer better rates than what you’ll find among other private lenders. Loan programs include:

• Basic Beginner Farmer
• Seller-sponsored
• Agricultural Development Bond
• Agricultural Improvement
• Restructure II
• Livestock Expansion
• Value-added Stock
• Disaster Recover
• Methane Digester
• Livestock Equipment
• Pilot Agricultural Microloan Program

Beginning Farmer and Farm Expansion Loans

The RFA has special programs designed for beginning farmers and farm expansions. For new farmers, these loans can help you overcome the obstacles that come with starting a farm operation from the ground up. For farmers looking to expand their operation, expansion loans can be used to cover costs for a variety of purchases and improvements that allow you to add to your farm.