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Ag & Agribusiness Loans

Lending Options for Agriculture

We are proud to offer competitive rates on a variety of agricultural loans to fit your unique needs. Our lenders are farmers just like you, even our support staff has agricultural experience, providing us with a true understanding of your unique operation. This background, paired with our financial expertise, offers you the best possible partner for success. 

 Unlike many big banks, we don’t use outside firms. All of our credit decisions are made within our organization, allowing us to have the lending capacity to finance most farm operations and keep many larger loans in-house. 

Let's Get Started!

Want to get started with a loan, discuss options, or learn more about what we have to offer, but not sure who to contact? Fill out a contact form.

Contact Us

What documents do you need for a loan appointment?

  • Three years of financial statements
  • Three years of tax returns

Ag Loan Options

We are a FSA Preferred Lender! What does that mean?

We have the highest status that a lender can hold in the FSA Guaranteed Farm Loan Program. We are recognized as experienced lenders that have demonstrated significant expertise and understanding of agricultural lending and the FSA Guaranteed Farm Loan Program.

Line of Credit

A line of credit is a flexible loan for businesses that works like a credit card. Companies draw money from their credit lines as needed, only paying interest on the portion of money borrowed. As they repay the amount borrowed, they replenish the funds available.

Letter of Credit

A letter of credit is a document from a bank or other financial institution guaranteeing that a specific payment will be made in a business transaction.

Machinery & Equipment Loans

These loans are used for the purchase of machinery and equipment essential to running your business. You can use an equipment loan to purchase anything from combines and tractors to cattle chutes and weigh scales.

*PREFERRED LENDER*
Farm Service Agency (FSA) Guaranteed Loans

FSA’s Guaranteed Farm Loan Programs help family farmers and ranchers to obtain loans from FSA-approved lenders at reasonable terms to buy farmland or finance agricultural production.

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Beginning Farmer Loans

America's next generation of farmers and ranchers are supported through FSA's "Beginning Farmer" direct and guaranteed loan programs.

Learn More from FarmService Agency

Iowa Ag Development Division (IADD) Loans

Beginning Farmer Tax Credit Program

The Beginning Farmer Tax Credit Program provides an Iowa tax credit for agricultural asset owners to lease their land, equipment and/or buildings to beginning farmers.

Beginning Farmer Tax Credit Program, that beginning farmers are eligible to get tax-free interest rates through the IADD.

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Minnesota Department of Ag Rural Finance Authority (RFA) Loans

The Rural Finance Authority (RFA) offers low-interest loan programs to farmers for a wide variety of activities.

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Farm Real Estate Loans

A farm real estate loan helps to purchase land or ag buildings to grow your agribusiness.

Farmer Mac Ag Real Estate Loans

Created in 1988, the Federal Agricultural Mortgage Corporation, or Farmer Mac, provides a secondary market for agricultural real estate mortgage loans, rural housing loans, and rural cooperative loans.

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Contact an Ag Lender

We are full-service and all operations stay within our bank, providing you with a personalized financial experience.

Robert Klocke
Robert J. Klocke Executive Vice President of Lending Location: Mason City West 641-380-3407 Email Me
Kevin Meyer
Kevin Meyer Chief Credit Officer Location: Mason City West 641-380-3439 Email Me
Jerome Bormann
Jerome Bormann SVP, Community Lending Location: Mason City West 641-380-3323 Email Me
Trever Olsen
Trever Olsen VP, Lending Officer NMLS ID: 1314367 Location: Osage 641-494-5872 Email Me
Bob Savre
Bob Savre Community President Location: New Hampton 641-494-5861 Email Me
John Molitor
John Molitor Community President Location: Osage 641-494-5871 Email Me
Ryan Eekhoff
Ryan Eekhoff VP, Lending Officer Location: Kanawha 641-494-5811 Email Me
Mike Weinand
Mike Weinand Community President NMLS ID: 449278 Location: Mora, MN 320-209-6433 Email Me
John Udelhofen
John Udelhofen SVP, Senior Lending Officer Location: Mason City West 641-380-3324 Email Me
Joel Thompson
Joel Thompson SVP, Senior Lending Officer Location: Charles City 641-257-5047 Email Me
Grant Petersen
Grant Petersen VP, Lending Officer Location: Mason City West 641-380-3443 Email Me
Mark Skogerboe
Mark Skogerboe VP, Lending Officer Location: Clarion 641-494-5823 Email Me
Melissa Moretz
Melissa Moretz AVP, Lending Relationship Officer Location: Mason City West 641-380-3450 Email Me
Sara Shaw
Sara Shaw VP, Lending Relationship Officer Location: Mason City West 641-380-3349 Email Me
Jacob Hackman
Jacob Hackman AVP, Lending Relationship Officer Location: Mason City West 641-380-3467 Email Me
Katie Schulz
Katie Schulz AVP, Lending Relationship Officer Location: Mason City West 641-380-3452 Email Me
Chris Loss
Chris Loss Lending Relationship Officer Location: Mason City West 641-380-3453 Email Me
Ryan Fishel
Ryan Fishel Lending Relationship Officer Location: Mason City West 6413803459 Email Me

Ag Resources

Our Internship Program

Information and Eligibility:

  • College Students
  • Summer Internship Program
  • Offered within departments including Retail, Lending, Wealth Management, IT, and Marketing

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Other Business & Loan Options

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