At Fidelity Bank, we understand that the agriculture service business is a large part of the country's well being. We have several options available to take care of our agricultural community's needs.  We are familiar with the Farm Services Agency Guaraneed Loan programs and WHEDA Guaranteed Operating Loan program.  The SBA504 program may also be appropriate for financing an expansion.

Real Estate Loans

• Long term needs
• Secured with farm land, buildings and facilities
• Milk assignments can be used for convenience
• Generally, payments structured on a monthly basis

Personal Property Loans

• Flexible terms
• Secured with cattle and machinery
• Guarantee programs available
• Milk assignments can be used for convenience
• Generally, payments structured on a monthly basis

Operating Loans

• Short term needs
• Used for farm operating expenses
• Can be set up on a line of credit
• Milk assignments can be used for convenience
• Generally, payments structured on a monthly basis

Documentation Needed to Process a Loan Application

• Last 3 years complete income tax returns
• Current Financial Statement with 3 years history
• Background information on owners and farm operation
• Business plan
• Cash flow statement