Farm Loans


Equipment Loans

With an intermediate-term loan, you can borrow funds for new or used tractors and equipment, grain bins, buildings, farm and home improvements, farm trucks and vehicles, and breeding livestock — all at a rate option that fits the needs of your operation. 

Fixed Rates
  • One- to seven-year or 10-year fixed rates
  • Security of a low fixed rate for the life of the loan
  • Longer terms to reduce payments and improve your operation’s cash flow
Three-year Adjustable-Rate Loan
  • Fixed rate for 36 months, then rolls to another three-year fixed period at that time
  • May be converted to other products
  • Terms are three to seven years on machinery and up to 10 years on buildings
Five-year Adjustable-Rate Loan
  • Fixed rate for the first five years, then rolls to another five-year fixed period, if needed
  • Enables you to lock the rate over most of the life of the loan
  • Terms are five to seven years on equipment and up to 10 years on buildings
Variable-Rate Loan
  • Monthly rate that fluctuates depending on the market
  • Often one of our lowest rate options
  • Terms of one to seven years on equipment and 10 years on buildings
  • Can be used for any equipment or building need
LIBOR-Rate Loan
  • LIBOR (London InterBank Offered Rate) is a global index commonly used to price loans around the world
  • Indexed rate to LIBOR with a pre-established margin
  • Can be one of the lowest rate options available
  • Rate can go up or down every 30 days, depending on movement of LIBOR index
  • Terms are one to seven years on equipment and up to 10 years on buildings
Loan Conversion Program
  • When interest rates or circumstances change, you can convert existing loans to a lower rate
  • Please call your local office for eligibility requirements

Farm Credit Mid-America serves the states of Indiana, Ohio, Kentucky and Tennessee.

Kentucky (excludes Ballard, Calloway, Carlisle, Fulton, Graves, Hickman, Marshall and McCracken.);
Ohio (excludes Lucas, Wood, Hancock, Ottawa, Sandusky, Seneca, Crawford, Wyandot and Marion counties).

**Assumes applicant is in good credit standing.

Error Resolution and Information Requests:
You can send us a Notice of Error or Information Request as part of the Real Estate Settlement Procedures Act (RESPA) to ask for information or to dispute errors about the servicing of your mortgage loan. Your submission must be in writing and include the name of each borrower, the loan number and a description of the error you believe has occurred OR a request for specific information regarding your mortgage loan. Please mail it to the following address for the receipt and handling of these requests:

Farm Credit Mid-America
Attn: Loan Servicing Department
1601 UPS Drive
Louisville, KY 40223