Lines of Credit
Operating Lines of Credit
We know that sometimes your capital doesn’t line up with your need to move business forward. With our convenient line of credit options, we put the purchasing power in your hands with easy to access funds to maximize working capital and the profitability of your operation. Some common uses of an Operating Line of Credit may include:
- Funding seasonal build-up fluctuations in inventory
- Assisting in the timing differences of collecting your receivables
- Taking advantage of vendor discounts
- Meeting unexpected cash needs
- Livestock Purchasing
- Grain or Seed Purchasing
Feeder Finance Lines of Credit
A Feeder Finance Line of Credit provides an avenue for commercial feedlots to attract customers and act as a financing intermediary. As the feedlot, you execute a note, security agreement and financing statement with your customer. In turn, the bank takes assignment of the documents between you and your customer and provides you with the funds necessary to complete the transaction.
