What is the maximum loan application amount?
$1,000,000
How long will the closing process take?
Assuming the DIGS-Pinion certified drainage plan has already been submitted, [...]
What happens after someone is approved for a loan?
For term loans the AFF, Compeer, and DIGS Associates servicing [...]
What will the loan be secured by?
For term loans: The drainage materials. [...]
What is the loan to value ratio?
Term loans will be 75% of total <$1,000,000 Operating loans [...]
What are the fees charged to the borrower?
There are no origination fees for the loan. However, part [...]
What interest rate and tenor do you offer?
We offer 1YR, 3YR, 5YR, and 7YR term loans with [...]
Who do you partner with?
Evergreen Bank acts as lender, and Compeer Financial acts as [...]
Can a borrower apply as a company?
Yes – we support all types of borrowers, including individuals, [...]
What financials are required by the application?
Total assets Total liabilities Annual gross farm income [...]
