Intermediate-Term Capital Loans

Association News

Machinery, Structures or Breeding Livestock

Our intermediate-term capital loans give you more than just a competitive interest rate. You'll also get options tailored to the needs of your operation. Plus you'll enjoy convenient payment plans matched to your seasonal cash flow.

Cash In On Cash

Many dealers offer a significant discount or rebate for paying cash instead of taking dealer financing. You may wonder which alternative -- cash discount or reduced interest rate -- is better for you. So, before you decide, talk to your local Farm Credit Services financial professional for a rate-versus-cash comparison. You could come out ahead by taking the cash discount and using one of our flexible financing plans.

Preferred Capital Line

Our Preferred Capital Line provides a revolving line of credit for equipment, breeding livestock and other capital expenses. You can access loan funds 24 hours a day, seven days a week, simply by writing a draft. You have control of your loan funds, and you can borrow and repay funds as often as you like. And you save because you pay interest on funds only as you use them. Because this program is pre-approved for up to three years, you're able to shop for items at your convenience and obtain the best deal. By coupling your Preferred Capital Line with our special Farm Cash Management^SM program, you can actually get a capital loan that pays you interest.

Manufacturer Financing Ending?

If you received a manufacturer's special introductory financing on your tractor, combine or other equipment, contact your local Farm Credit Services financial professional before those terms expire and higher rates begin. Our rates and terms are often much better than those that automatically take effect at the end of the introductory pricing period. That means with a Farm Credit Services loan your savings can extend beyond the introductory period.

Illinois Linked Deposit Loans

If you are an Illinois producer, your capital loan may be eligible for a special state-funded Illinois Linked Deposit interest rate.

Terms

Our loans offer longer repayment periods for your larger capital purchases. Loans are available for:

Up to seven years for new machinery
Up to five years for breeding livestock
Up to 10 years for some buildings and certain farm improvements

Choose from annual, semi-annual, or monthly payment schedules. In short, these loans are tailored to the useful life of the item being financed so you're not paying for an asset that is physically depreciated.

Rate Options

Select an interest rate option that best meets your needs.

Fixed Rates - provide maximum rate stability. You can lock in your rate for the term of your loan, up to 10 years.
Adjustable Rates - allow you to lock in rates for one, two, three, five or seven years, providing you added flexibility to take advantage of changing market conditions.
Variable Rate - is the most market-sensitive rate because it can change monthly. Historically, our variable rate has provided the most interest savings over the life of a loan.
Multi-Rate - provides maximum interest rate protection by allowing you to place part of your loan on a longer-term fixed or adjustable rate and part on a shorter-term adjustable or variable rate, so whichever way interest rates move, you're protected.

Rate Conversions

Conversion options, allowing you to change from one interest rate to another, also are available on most loans to provide you with even more flexibility to take advantage of market trends. Some conversion options are available during specific periods and may carry a fee but still are generally less costly than refinancing.

Electronic Account Access and Transactions

With our online banking, you can check on balance, interest and other account information, as well as transfer funds to and from your FCS account, 24 hours a day, seven days a week. And do it all whenever and wherever it is most convenient for you in a secure, protected electronic environment - via the Internet or by phone.

Life & Disability Insurance Protection

As an additional service to our clients, we can provide you with cost-effective group life and disability insurance coverage for your loan. Get the peace of mind that comes with knowing that if something happens to you, your family and farm operation are protected from a major expense and an uncertain future.

Leases

	We also can provide lease financing on most machinery,equipment and structures.