Hedging/Risk Management: We focus on and understand hedging and risk management strategies.
Finpack: This full service financial software allows us to perform cash flow projections, what if hypothetical scenarios, and full year end financial analysis of your ag business.
Operating Lines of Credit: Lines of credit tailored to fit the cash flow needs of each operation.
Long Term Fixed Rate Loans: Used for real estate, machinery, equipment and various other mid - term financial needs.
FSA Guaranteed Loans: A program for young and beginning farmers or operations with higher risk. These guarantees are available for operating lines of credit and term loans. Some operations may also qualify for interest assistance.
Rural Finance Authority/ Aggie Bond Loans: Programs to help young and beginning farmers, and those in need of debt restructure.
Contact: Mike Budach, Ag Lender, 507-373-1945
Contact: Mike Yocom, Ag Lender, 507-863-2371
Mike is a Freeborn County native, growing up on a farm near Emmons. He comes to us with 8 years of experience as an Ag loan examiner with Farm Credit Administration out of Bloomington, MN. He will make good use of the knowledge he gained while reviewing Ag loans around the nation coupled with the lessons learned growing up on the family farm. Mike is passionate about farming and is excited to relocate his young family back home. Stop into the Freeborn office location to meet with Mike today.