Goplen Ag Services provides a number of different options when it comes to providing capital for agriculture:
Real Estate Mortgages (Conventional) We provide long term financing from a variety of sources to handle your needs to purchase land, construct new improvements, refinance existing debt, purchase equipment or provide funds for other needs that might arise. Our funding sources include Farmer Mac, banks and other secondary market lenders. We also provide operating lines of credit secured by first mortgages on real estate.
Equipment Loans and Leases Intermediate loans and leases are available for equipment purchases; and under our leasing programs, funds are available for irrigation pivots and grain facilities. To apply for one of these products, please give us a call.
FSA Guaranteed Real Estate Loans FSA Guaranteed Loans provide additional options for deals that cannot be done through conventional loans. These are real estate loans though our bank sources, who will fund the loan, but obtain an FSA Guarantee prior to funding. Loan sizes range from $200,000 to $1,755,000, the maximum allowed under the government guarantee. Call for rates on these products.
Equity Funds Private equity bridge loans are available for real estate deals that need quick closings or need additional time to qualify for conventional financing. Loan sizes will usually starts at $1,000,000 with L\AV ratios typically less that 50% and interest only payments for the 2 year term. Call for more details.
General scope As mentioned, the size of our real estate loans range from $100,000 and upwards. Equipment loans start at $30,000. Interest rates and terms vary depending on the term, quality of credit and size. We are licensed to do business in the states of Washington,Oregon, Idaho, Arizona and Minnesota. The types of operations available for our financing's include:
Dry Land farms
Agri-business facilities and wineries
If you are interested in getting a rate quote, get a weekly rate sheet, or see if one of our options will fit your needs, give Neal a call at 509-521-1797. If you prefer email please click to use our contact form.
We are looking forward to service your lending needs.