Like any business, it can be a monumental task to run a farm when you're just getting started. Like the farmers who have come before you, you are part of the next generation responsible for the sustenance of our nation. We appreciate your initiative to step up and carry that torch. So we offer you the resources that will make your job a little easier with our AgSunrise Program specifically tailored for young and beginning farmers.
We're focused on building long-term relationships with the farmers of Southeast Missouri. So we give special consideration in the loan approval process when working with our young and beginning customers. We use less stringent owner equity, working capital and collateral standards to encourage credit to these groups of farmers. When appropriate, we'll also coordinate with governmental agencies and/or individuals to provide guarantees or co-signatures.
Wondering if you qualify for our AgSunrise Program? Here's the criteria:
A principal operator (producer of agricultural products) who is: -
- 35 years old or younger as of the loan transaction date, or
- 10 years or less self-employed as a farmer as of the loan transaction date.
If you are interested in how our AgSunrise Program can benefit you, contact your local Farm Credit Southeast Missouri office.