Agri-MAX Financial Services

Convenient Funding Sources for Agriculture

Agri-Max Financial Services, can offer you and other agribusiness owners convenient, alternative sources of funding. Agri-Max offers several products that are tailored to your farm needs and provides expert services from people who know farming. Agri-Max prides itself on offering flexible options, while delivering convenience and quick turnaround. Whether you are expanding your herd, purchasing farm supplies and inputs, or renovating facilities - Agri-Max can help.

Agri-Max Now Offers Farm Equipment Leasing

The team that knows dairy farming is proud to announce a new financing option – Equipment Leasing. For whatever you need; whether its a bulk tank, tractor, skid steer or fans – Agri-Max now offers a lease that works for your farm.

With equipment leasing from Agri-Max you can take advantage of flexible payment structures and terms. Our competitive fixed payments help you plan ahead, and we offer multiple purchase options at the end that include buy-outs or renewals.

Plus, since our loan officers know the dairy industry, we can offer solutions and terms designed to fit your unique needs.  Our focus is lending to dairy farmers. This wealth of experience means our customers are provided a focused approach.  

Call today to learn more about equipment leasing and all of   Agri-Max’s loan offerings, at 1-866-283-4MAX (4629). 

Loans

Agri-Max loan products include two lines of
credit for you to choose from to meet the needs of small and large requests.

Operating Lines of Credit

Whether you need funds for crop expenses or a large feed purchase, you can establish an Operating Line of Credit and draw upon funds, as you need them throughout the year. With a revolving line of credit, as you make payments, the money is available for your use again. The payback period of an Operating Line of Credit is 12 months, matching your production cycle.

Capital Line of Credit

If you are looking to purchase cows, a new tractor or make significant improvements to your facilities, a Capital Line of Credit may be just what you need. You can access funds for a 12-month period, with a payback period of three to five years. The Capital Line can also be set up to revolve should you have ongoing capital needs..

Loan Program Details

Application

The application process for an Agri-Max Operating Line of Credit and Capital Line of Credit is quick and easy. Applications for $100,000 or less are processed within three days. Amounts greater than $100,000 are processed within 10 days.

• Download an application form
• Download Acrobat Reader

Variable and Fixed Rates Available

Competitive variable and fixed rates are available, based on the amount of the loan. Current rates are quoted daily.

Amounts and Terms

The amount and terms of the line of credit will be based on the credit qualityof the application. Terms range from one to five years. Some of these factors include collateral, cash flow and credit history.

Loan Repayments

As a convenience, payments on the loan are made automatically through milk check deductions.

A loan fee is charged based on the amount of loan approved.

Cattle Leasing

Do you have empty stalls in your barn? Or more feed than your herd will need this year? Dairylease^sm, our cattle leasing program, is designed to help utilize your current facilities and acreage, while conserving existing lines of credit for other uses. It is the smart way to put more cows to work for you!

Dairylease^sm Cattle Leasing

Expand your herd through this innovative program that will help you increase milk production, fully use your facilities and feed supply, and free up capital for other areas of your business. Additionally, the Dairylease^sm cattle leasing program can provide savings to your farm at tax time.

Provided by Agri-Max Financial Services, LP, Dairylease^sm is a 36-month bred heifer leasing program. The lease is set up with an option to purchase the cows at the end of the lease term. All offspring belong to you and culling can be done at your discretion, with replacements being made in a timely manner.

Lease Program Details

• You submit a lease application to Agri-Max Financial Services. You must have been in business for a minimum of three years.
• The lease period is 36 months, with the option of purchasing or returning the animals at the end of the lease.
• Only dairy-bred heifers will be leased. Dairylea can provide the cattle or will approve the livestock selected by you from an outside supplier.
• Minimum group size is 10 heifers. No more than 50 percent of your farm's total herd can be leased at one time.
• All offspring belong to you.
• Culling of leased animals can be done at your discretion, but replacements must be made within a 30-day period.
• All leased cows are tagged with Dairylease^sm tags.
• Agri-Max will perform periodic field inspections of the cattle and facilities.
• Cows must be monitored on an individual basis by DHIA or an equivalent testing program for production, butterfat, protein, somatic cell counts, body condition and breeding.
• A routine herd health program must be maintained with an ongoing veterinarian relationship. This includes monthly reproduction exams, a vaccination program, parasite control and mastitis prevention.
• Animals must be bred through artificial insemination.

Application

• Download an application form
• Download Acrobat Reader

For more information on Agri-Max Financial Services, please contact one of the following representatives at 1-866-283-4629 or click on Contact Us and send us an e-mail.