Agriculture Loans

At Forward Bank, we understand the unique financial needs of farmers and agricultural businesses. As a local community bank with expertise in agricultural loans and lines of credit, we’re here to help farmers access the funds they need to grow, purchase equipment, or manage day-to-day operations. Whether you’re expanding your farm, buying new machinery, or simply need flexible access to working capital, we offer a wide range of agriculture loans and lines of credit tailored to meet your specific goals. Our local team in Wisconsin and Minnesota provides personalized support and flexible solutions to keep your farm running smoothly.

Agriculture Line of Credit

Our agriculture line of credit offers flexible, revolving access to funds secured by farm property or personal property. It’s ideal for farmers who need extra cash for seasonal expenses or working capital.

• Flexible repayment: Pay back what you can when funds are available.
• Revolving credit: Borrow, repay, and borrow again as needed.
• Fixed interest rate: Lock in a rate for peace of mind.
• Linked to checking: Prevent overdraft fees with automatic protection.

Personal Property Loans

This installment loan is perfect for financing machinery, equipment, or cattle. With fixed monthly payments and terms, you can plan your budget and grow your farm efficiently.

• Fixed payments: Convenient, predictable monthly budgeting.
• Financing up to 65%: Minimal down payment required.
• No prepayment penalties: Save money if you pay off early.

Real Estate Loans

Looking to purchase or refinance farm property? Our real estate loans provide long-term, fixed-rate financing to help you invest in land and buildings for your farm.

• Fixed payments & terms: Predictable budgeting and peace of mind.
• Financing up to 75%: Lower down payments on property.
• Possible tax advantages: Interest may be tax-deductible.

Operating Loans

Designed for short-term needs like crop input or equipment repair, our operating loans help you keep the farm running smoothly without straining your cash flow.

• Fixed payments: Monthly payments for easy budgeting.
• Short-term financing: Ideal for crop input or urgent equipment repairs.
• No prepayment penalties: Save money when you pay off early.

Moving Your Farm Forward

At Forward Bank, we believe in helping local farmers thrive. Whether you need an agriculture line of credit for daily operations or a term loan to purchase new equipment or land, our agriculture loan options are tailored to meet your farm’s unique needs. With local service and personalized support, we ensure that you have financial flexibility to succeed in today’s competitive agricultural market. Reach out to our team today and let us help you cultivate success for your farm!

We offer a variety of loan programs designed to support farmers at every stage of their operation. From conventional financing to specialized programs, Forward Bank is here to provide the right financial solutions for your agricultural needs.

• Conventional Financing: Traditional financing options including term loans, lines of credit, construction loans, and access to local loan programs designed to meet the needs of farmers.
• USDA Farm Service Agency (FSA) Loans: As a preferred FSA lender, Forward Bank offers specialized loan options through the USDA to support farmers with affordable financing.
• Wisconsin Housing and Economic Development Authority (WHEDA): WHEDA partners with local lenders and community groups to offer low-cost financing programs that support Wisconsin’s agricultural businesses.
• Small Business Administration (SBA): The SBA provides small businesses, including farms, with access to financing, counseling, and contracting expertise, helping them pursue growth and success.
• Credit Relief Outreach Program (CROP): CROP offers guaranteed agricultural production loans with lower interest rates, reducing risk for lenders and making it easier for farmers to secure working capital.
• Farm Asset Reinvestment Management (FARM): FARM provides loan guarantees for farmers seeking to start, expand, or modernize their operations, offering lower interest rates and longer repayment terms to improve profitability.