Beginning Farm Loans
Get started with your own farm.
As a new farmer, you deserve the best opportunity to set your farm up for success. Our Ag Banking Officers work with you to build a relationship and help provide financing solutions as you expand your agribusiness. From new crop loans to livestock funding and beyond, let's start growing the farm of your dreams.
Additionally, CMCU partners with various agencies to obtain ideal financing and low-cost solutions for your agribusiness' needs. Participation in these agencies helps provide cost-effective solutions for your farm. Some of the CMCU agency partnerships include:
- Farm Services Agency (FSA) - CMCU is a preferred lender with FSA
- MN Dept of Ag (Rural Finance Authority)
- MN Dept of Ag (Ag Best Management Practices (BMP) program)
- Farmer MAC
- Small Business Administration (SBA) - CMCU is a preferred lender with SBA
- U.S. Department of Agriculture (USDA)
As the largest Ag-lending credit union in Minnesota, we are able to provide our Agribusiness members with low loan rates.
CMCU has very competitive terms for farmers which include low fees. We make sure you're comfortable with all of the terms of your loan.
Our local Ag Banking Officers work directly with you to build a relationship and help determine the right solutions for your new farm.
A new farmer deserves the best
Our Ag Banking Officers will help you finance your new farming operations. No matter the type of farm you want, our agribusiness lenders offer guidance throughout the entire process to get you on track to your goals.
Real Estate Purchase
Fill out our online form with some information about your agribusiness and the products or services of interest. Your local Ag Banking Officer will be in touch within 1-2 business days.
Locate a Branch
You can open an account or loan at any CMCU location. Each location has a designated Ag Banking Officer, but we recommend you call ahead to make an appointment.
We have a dedicated phone line for business members which will help you reach someone who can help faster and save you precious time.
Agribusiness Loan Options
Check out some of the other Ag loan options available with CMCU:
Additional Products and Services for Agribusinesses
Check out all of your other options you can utilize with CMCU's suite of products and services! Our Ag team will work with you individually to ensure you're on track to reaching your agribusiness goals.