Essential Farm Loans You Should Know About with Scott Parker

 In the agricultural industry, accessing the right financing options is crucial for farmers and those looking to invest. Farm loans can help you expand your operations, enhance productivity, and help you achieve your financial goals.

Here’s a glance at this episode:

• [01:36] Scott shares how he got into the Farm Credit System and his background in agriculture.
• [04:10] Scott explains the basics of land loans.
• [07:04] Scott answers some frequently asked questions about equipment loans.
• [12:36] Scott goes through the farm improvement and livestock barn loan processes.
• [16:31] Scott shares more about farm vehicle loans.[22:36] Scott discusses the typical terms for operating lines.
• [23:52] Scott explains what grain inventory loans are.
• [27:23] Discussing farm-related businesses, Scott explains the qualifications.
• [30:42] Scott explains AgCredit’s rural home purchase and new construction type loans.

Resources mentioned in this episode:

Farm Credit EXPRESS - an equipment financing program

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Bios

Guest: Scott Parker 
Scott Parker is a Senior Credit & Regional Manager at AgCredit. He’s a life-long Farm Credit System employee. He helps his dad and brother on their family farm in Seneca county when he can.