FREQUENTLY ASKED QUESTIONS

What Is Agribusiness Credit and Services Corporation “AgC”?

Agribusiness Credit and Services Corporation is a California Corporation dedicated to loaning money to farmers, and agribusiness firms in the United States. AgC was formed in 2006 and is a wholly owned subsidiary of Tri-State Livestock Credit Corporation. Tri-State is a stand-alone finance company that was formed in 1931 during the depression to provide credit to livestock producers when it was difficult for livestock producers to obtain credit at a reasonable price. Through the formation of AgC, Tri-State expanded its scope of lending to crop producers and all types of related agribusiness entities that either, sell to, buy from, or provide services to, farmers or ranchers.

Who Can Borrow From Agribusiness Credit and Services Corporation?

Individuals, partnerships, cooperatives, limited liability companies, corporations, trusts and any other legal entities engaged in crop production or the broad range of agribusiness business activities that support crop producers are eligible to borrow from AgC. AgC is interested in serving a broad range of enterprises that are involved in the agribusiness industry today.

What Types Of Loans Does Agribusiness Credit & Services Corporation Offer?

The most common loan is a one-year operating line of credit to finance the crop production expenses or other operating asset requirements of the agribusiness. These loans are on a variable rate basis indexed to the Prime Rate.

Term loans are very popular and are used to finance capital expenditures for improving or expanding an operation. Term loans can be made on a variable rate indexed to Prime or on a fixed rate basis with various options of fixed rates.

Loans are structured to your specific needs and assets financed. Loans are normally secured but, if justified, can be unsecured.

Agribusiness Credit & Services Corporation Advantages For You?

• Industry and banking expertise.
• No fees or servicing charges; you pay only for the money used.
• No stock purchase requirement.
• Competitive rates and terms.
• 365-day accrual factor; interest collection frequency negotiable.
• At-home service; we come to your home or place of business.
• Checkbook access to your line of credit.
• Access to AgC staff seven days a week.
• Toll free service answered by real live people interested in assisting you.
• Annual financial analysis of your business at no charge.
• No pressure relationship lender working for you.
• People interested in your success.

How To Start?

It’s easy! Call (916) 570-1392 OR Email: RBergsten@tslcc.com