Equipment Loans
Get an equipment loan for your next tractor, combine, sprayer, planter, skid loader, or other equipment purchase.
Finance your next big farming equipment purchase with CMCU. Whether you're looking for a new combine or need help financing repairs, we can help define the terms of your loan to help you reach your Ag and financial goals.. Our Ag Banking Officers will visit with you to help you find the right solution for your financing needs.
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)
Competitive Rates
As the largest Ag-lending credit union in Minnesota, we are able to provide our Agribusiness members with low loan rates.
Low Fees
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.
Customized Options
Our local Ag Banking Officers work directly with you to build a relationship and help determine the right solutions for your agribusiness.
Equipment loans can be the right solution for your farm
Our Ag Banking Officers will help you finance ag loans for any situation. No matter if your farm is small or large, our agribusiness lenders offer guidance throughout the entire process to get you on track to meet your goals.
Tractor Purchase
Equipment Purchase
Equipment Refinance
Finance Repairs
Get Started!
Contact Us
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.
Call Us
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 business products and services! Our Ag team will work with you individually to ensure you're on track to reaching your business goals.
Agribusiness Accounts
Digital Banking
Membership
Not a Member? Join us today!
- Wide variety of products
- 21 convenient branch locations.
- Online and mobile banking
- 24,000 ATM locations nationwide
- Cash management services suite
- Low interest rates on loans
- High interest rates on savings
- Low cost or free checking