Farm Credit Mid-America Launches Online Short Term Loan Application

0

LOUISVILLE, Ky. – Farmers who need short-term loans for their operation now have a quick, easy, and competitive option with Farm Credit Mid-America.

The agricultural financial services cooperative has launched a mobile-friendly online application for farmers and producers applying for short-term loans of $ 75,000 or less.

The tool simplifies the application process, allowing farmers and operators to spend less time on paperwork and more time managing their operations. In many cases, applicants will receive the decisions the same day and could have applied for funds in less than 24 hours.

“We know needs can arise on the farm and require funding – and quickly. When our clients told us they wanted a faster, easier loan process for short-term loans, we listened to them and got to work, ”said Scott Holmes, regional vice president of loans farms in central Tennessee. “This application tool can be completed from a computer, mobile phone or any smart device. It’s easy, it’s fast, and it gets the funds to our clients faster than ever.

With this tool, applicants can gather and submit everything they need for the loan application, eliminating the many steps involved in funding larger loan amounts. These short term loans also offer competitive rates and terms.

“Our vision is to be a successful and sustainable cooperative that provides our customers with exceptional experiences,” said Tim Williams, senior vice president of agricultural loans. “This new loan application tool is close to our customers’ hearts by responding to a need in our market. We’re excited to offer this new loan option to hard-working farmers and growers in Ohio, Indiana, Kentucky and Tennessee.

To learn more about the new tool or to start an application, visit apply.e-farmcredit.com.


Source link

Share.

Comments are closed.