farm loan

Rural financing option

A farm loan is money borrowed to finance agricultural operations—purchasing land, equipment, livestock, or seeds, or covering expenses until harvest.

Farm loans often come with special terms recognizing the seasonal nature of farming income: The bank offered farm loans with deferred payments until after the fall harvest.

Related

interest rate · harvest · growing season · tractor · land · acreage · collateral · interest · banker · drought · crops · subsidy · equity · repayment · debt relief · foreclosure · cattle · seed

Categories
Opposites
property type financed

farm loanresidential mortgage

Debt secured by dwelling

borrower type

farm loanpersonal loan

Unsecured individual borrowing

financial direction

farm loanfarm subsidy

State aid to growers

Family

farm, loan, farms, farmed, farming, farmer, farmers, farmland, farmhouse

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G