Loan Products

Operating Loans are offered to support the direct production expenses of an agricultural producer.  Operating Loans carry a short maturity and is typically secured with current assets such as crop and livestock inventories and related receivables. The amount of the Operating Loan is typically driven by the estimated value of the current assets being financed. Revolving Feature is available.

Click on the application button to download and complete the application (PDF) and fax to 507-249-4017 or e-mail to applications@agquest.biz.

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Secured Companion Loans are designed to create a dynamic link between agricultural producers and their locally-owned and managed grain and farm supply retailers. Companion is a traditional full-operating line of credit that rewards the patron/producer with competitive product costs and operating interest rates based on the customer’s volume of input purchases and the amount of crop marketed through the participating retailer. Revolving and second year loan options are available.
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Companion Direct is an unsecured line of credit up to $150,000 that can be used by patrons of your local farm supply retailer (see participating retailers below), allowing greater flexibility to purchase input financing in one convenient program.  Companion Direct has the advantage of minimal paperwork and quick decision time.
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Companion DirectMAX goes a step further than Direct, but remains a product that is used for purchases from your local farm supply retailer (see participating retailers below) only. Credit available is increased to up to $200,000 and a best available lien position is taken.
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Real Estate Loans are long-term loans collateralized by real estate, which generally includes unimproved farm ground, rural residences and traditional farm sites. Not to be used when the value of the real estate is primarily derived from facilities/improvements.  Loan Calculator, Click Here
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Machinery and Equipment Loans are intermediate term loans collateralized by all the borrower’s machinery and equipment inventory. A priority position on machinery and equipment is required.  Loan Calculator, Click Here
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Facility Loans are secured with real estate that is improved with a livestock facility such as swine finishing barns and dairy milking parlors or other types of real estate fixtures such as grain bins and machine sheds.   Loan Calculator, Click Here
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Leasing is one of the fastest growing ways of acquiring equipment in business today. Leasing can put the equipment to work for you with real cash flow advantages without using major capital investment.

Leases are through our sister company Northland Capital, to find out more Click Here!

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