Ag Loans

First Heritage Bank is proud to offer a full line of agriculture loans; including real estate, equipment, livestock, and operating lines of credit. All credit requests are underwritten by local lenders who understand the unique and evolving financing needs of agriculture operations. Our experienced staff is eager to provide quick, local decision-making for loan requests and to provide valuable Cash Flow and Balance Sheet analysis aimed at assisting ag producers in navigating the ever-changing ag market environment.

Farm Service Agency (FSA) Guaranteed Loans

First Heritage Bank has obtained Preferred Lender status from the FSA and actively utilizes FSA Guaranteed loans to provide more favorable loan terms and conditions for our customers. Our Preferred Lender status expedites the loan application process to ensure quick decision-making for loan requests. Utilizing these guarantees allows First Heritage Bank to extend long-term fixed interest rates on ag real estate loans to our customers. These loans may be used to purchase ag real estate, finance capital improvements, or consolidate existing ag real estate debt. These real estate loans can be amortized up to 30 years, and the bank offers numerous interest rate options including a 30-year fixed interest rate.

First Heritage Bank often utilizes FSA Guaranteed Loans to finance operating expenses, equipment and cattle purchases. The loans may also be originated to consolidate and refinance existing debt in an attempt to obtain a lower payment to improve an ag producer’s annual debt service coverage.

Please contact one of our loan officers to learn more about the benefits, possibilities, and opportunities available with the use of these programs to allow us to assist you in financing your agricultural business.

Ag Loans - Utilizing an FSA Guarantee with Preferred Lender Status

• Lines of Credit - Terms up to 5 years
• Equipment Loans – Terms up to 7 years
• Cattle Loans – Terms up to 7 years
• Real Estate Loans – Terms up to 30 years