Ag Source Finance - 2011 Crop Year

Working with you and in support of you toward a successful 2011 season:

Who is the program for?

The program is good for our customers that need crop terms or at least 90 days to pay.

The size of the loan must be for annual crop year needs of $10,000 minimum up to $500,000.

The customer must have been our customer for at least two years, and have paid as agreed for the previous crop year.

How does it help the customer?

The customer gets the extended terms for payment at a much lower rate of interest. 

Loans up to $50,000 at 4.5% + Prime (variable).

Loans $50,000 and over at 3.5% + Prime (variable).

This is a crop year term loan with a definite date of maturity. Once the entire loan is used, additional credit is not available by making payments.

There are no prepayment charges, so growers can make payments during the term of the loan to keep their interest expenses down.

Additional Facts

The loan is unsecured with no documents to sign other than the applications.

Invoices and memo statements will continue to be sent to the grower.  A monthly statement is sent by Ag Source Finance, and payments are to be sent to a lock box in Spokane.

For more information please contact:

Vicky Fox
Financial Services Manager
PO Box 1818 Woodland,CA 95776
530 662 6506
530 668 9584 (fax)

What is needed to apply?

Our company Credit Application - Contact Vicky Fox, see below.

The one page easy application signed by the customer and mailed and/or faxed to the Credit Manager.

The Credit Manager is available to answer questions and explain the program.

The applications will be run through the Credit Manager's standard credit investigation process and then submitted for approval.