Featured Loan

Private Money Agricultural Loan

Loan Details

Loan Amount:  $600,000

Loan-To-Value:  25% LTV

Term:  5 Years

Situation & Challenge

A rancher needed a private money loan to upgrade equipment and increase operating capital. Private money financing for agricultural properties isn’t easy to source. However, there are a few investment funds experienced in funding agricultural properties.

The big challenge was getting the appraisal done. It took a couple months to get the finished report back due to lack of available appraisers in a rural area.

Solution & Result

Once the appraisal report came in, the investment fund that provided financing issued a $600,000 first trust deed for five years. The private money loan provided the rancher with capital for equipment and additional liquidity.

Do you have a similar financing scenario?
Inquire about your financing options with FCTD.