• Sat. Jun 3rd, 2023

Farmers Company Network Finance Launches Immediate Approval For Land Loans – AgFax


May 26, 2023

SAN CARLOS, Calif — Farmers Company Network (FBN®), the worldwide AgTech platform and farmer-to-farmer network, right now announced the launch of FBN Finance’s transformative Immediate Land Loan Approvals* system. Developed to address the requirements of farmers searching for land financing, this option aims to streamline and expedite the loan application procedure, delivering certified farmers with immediate approvals and effective access to capital.

Traditionally, securing land financing has been a time-consuming and arduous activity. Loan choices typically take up to 5 to ten company days for a loan choice, leaving bidders vulnerable to getting outbid by money presents.

“For farmers producing a new land buy or refinancing, it can be one particular of the most influential choices they make, one particular that can influence their operations for generations. We recognize the significance of swift turnaround instances and access to capital when it comes to producing land purchases,” stated Devin Lammers, President of FBN® Monetary. “This most up-to-date option drastically reduces unnecessary pressure and delays for farmers, whilst empowering them to make quickly, productive bids in a competitive industry atmosphere.”

Beneath the Immediate Land Loan Approvals system, certified applicants can acquire approval for land loans up to $two.five million inside minutes.* This expedited procedure empowers farmers to make essential economic choices promptly, guaranteeing uninterrupted operations and maximizing productivity.

Right here are some of the essential added benefits of FBN Finance’s Immediate Land Loan Approval system:

• Significantly less Paperwork: By minimizing the have to have for comprehensive documentation and economic statements, the Immediate Land Loan Approvals system saves farmers precious time and work. The streamlined application demands only disclosure of total assets, total liabilities, gross farm earnings, and non-farm earnings.**

• Easy and Accessible: Farmers can now full the whole loan application procedure on the web, whether or not from the comfort of their property workplace or on their mobile devices. This unparalleled comfort enables farmers to handle their financing requirements effectively, saving valuable time.

• Swift and Safe Land Acquisition: FBN® Finance understands the urgency of acquiring land in a competitive industry. The Immediate Land Loan Approvals system expedites the approval procedure, empowering farmers to safe land more quickly.*** This benefit assists to give farmers a competitive edge and guarantees their capacity to move decisively on precious possibilities.

The introduction of Immediate Land Loan Approvals marks a game-altering milestone for farmers, delivering certified applicants with a swift, practical, and accessible financing selection. By saving time and work, farmers can concentrate on maximizing profitability and additional establishing their operations.

About FBN:

Farmers Company Network® (FBN®) is an independent AgTech platform and farmer-to-farmer network with a mission to energy the prosperity of loved ones farmers about the globe whilst functioning towards a sustainable future. Its Farmers First® guarantee has attracted more than 55,000 members to the network with a popular purpose of assisting farmers maximize their farm’s profit prospective with information and technologies enabled direct-to farmer commerce, neighborhood and sustainability offerings.

FBN has set out to redefine worth and comfort for farmers by assisting decrease the price of production and maximize the worth of their crops. The FBN network has grown to cover much more than 117 million acres of member farms in the US and Canada. Blending the finest of Midwestern agricultural roots and Silicon Valley technologies, the firm has principal offices in San Carlos, CA, Chicago, IL, Sioux Falls, SD with considerable warehouse and logistics, remote and field staff across the US and Canada. To discover much more, check out: www.fbn.com.

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