DESCRIPTION

Does your credit union have farming professional who wants products and services that are competitive and meets their financial needs as well as provides them flexibility in their purchasing power?

The AgInclusive™ package is a combination of a mortgage secured revolving line of credit or a readvanceable loan with readvanceable sub-loans packaged together with a broad array of financial services.*

This package gives your farming professional convenience, flexibility and saves them money while meeting their banking needs. The AgInclusive™ package assists in allowing their money to work for them better.

* Eligibility determined by credit union.

TARGET AUDIENCE

The AgInclusive™ package is for individual farmers, farming partnerships, and farm corporations who:

  • Have demonstrated responsibility in handling their debt
  • Have significant equity in their farmland
  • Require additional purchasing power
  • Are looking for a smart way to manage their borrowing, investing, and daily transactions

FEATURES

  • Maximize the use of deposit funds to decrease interest cost.
  • Ability to continually re-advance funds
  • Competitive Interest Rates
  • Flexible Repayment Terms
  • Ability to establish sub-loans if required to separate certain borrowings and set up a fixed repayment schedule

KEY BENEFITS

Benefits to Credit Union:

  • Establish product offering which is competitive in the marketplace
  • Better suite of products to offer members.
  • Reduces credit union lenders time associated with loan set up (one-time loan set up)
  • Help attract new members and retain existing members
  • Help grow market share and wallet share

Benefits to Members:

  • Convenient – Sign documents once for multiple purchases
  • Flexible repayment options designed to meet your needs
  • Saves money – interest costs and service charge packages
  • Saves time - money available when you need it, you don’t have to go in to apply for another loan
  • Make those big purchases when you want too.
  • Maximize return on funds – deposit funds are working to reduce your debt.
  • You decide how to spend your money