Do you want control of your own revolving credit line and the freedom to write your own loan advances?
You can obtain cash advances by using AgriLine®! AgriLine® is a service that links a customer's revolving credit line to a checkbook. It is conveniently added to the revolving credit line at closing. When you want a revolving credit line advance, you can simply write a check and present it to the suppliers for payment of an invoice or a purchase. The check will be presented to AgChoice Farm Credit for payment and a loan disbursement will be logged to your revolving credit line.
Are you the type of AgChoice customer-owner who could benefit from using AgriLine®?
Customer-owners of any size qualify, but generally those who borrow more than $75,000 and have several transactions monthly against their revolving credit lines, are ideally suited for this service. In some cases, customer-owners use this checkbook as their main disbursement checkbook, replacing a normal business checking account with the revolving credit line. Generally, customer-owners use credit heavily to support their weekly cash flow needs and have a highly cyclical nature to their revenue streams.
To learn more about AgriLine® contact us or contact your local branch.