Operating Loans are offered to support the direct production expenses of an agricultural producer. Operating Loans carry a short maturity and is typically secured with current assets such as crop and livestock inventories and related receivables. The amount of the Operating Loan is typically driven by the estimated value of the current assets being financed. Revolving Feature is available.
Click on the application button to download and complete the application (PDF) and fax to 608-839-5144 or email: VRCustomerService@verityresources.net
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Secured Companion Loans are designed to create a dynamic link between agricultural producers and Landmark Services Cooperative. Companion is a traditional full-operating line of credit that rewards the patron/producer with competitive product costs and operating interest rates based on the customer’s volume of input purchases and the amount of crop marketed through Landmark. Revolving and second year loan options are available.
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Companion Dairy Loans is an enhancement to the Secured Companion Loans in order to provide financing options to producers in the dairy industry while creating a dynamic link between the producers and Landmark. The Companion Dairy Finance program provides the patrons of Landmark with the opportunity to increase profit margins by rewarding the patron producer with lower product costs and operating interest rates based on the patron’s volume of seed, fertilizer, chemical, petroleum, feed and ingredients, animal husbandry product purchases and the amount of crop marketed through Landmark.
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Companion Direct is an unsecured line of credit up to $150,000 that can be used by patrons of Landmark, allowing greater flexibility to purchase input financing in one convenient program. Companion Direct has the advantage of minimal paperwork and quick decision time.
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Companion DirectMAX goes a step further than Direct, but remains a product that is used for purchases from Landmark only. Credit available is increased to up to $200,000 and a best available lien position is taken.
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Real Estate Loans are long-term loans collateralized by real estate, which generally includes unimproved farm ground, rural residences and traditional farm sites. Not to be used when the value of the real estate is primarily derived from facilities/improvements. Loan Calculator, Click Here
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Machinery and Equipment Loans are intermediate term loans collateralized by all the borrower’s machinery and equipment inventory. A priority position on machinery and equipment is required. Loan Calculator, Click Here
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Facility Loans are secured with real estate that is improved with a livestock facility such as swine finishing barns and dairy milking parlors or other types of real estate fixtures such as grain bins and machine sheds. Loan Calculator, Click Here
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Leasing is one of the fastest growing ways of acquiring equipment in business today. Leasing can put the equipment to work for you with real cash flow advantages without using major capital investment. Loan Calculator, Click Here
Leases are through our partner company Northland Capital, to find out more Click Here!
