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Organic Financing
Marion County, OR This loan was to a Oregon dairy farmer who had recently converted his dairy to organic – a three year process. Although he now has substantially better income, there were problems he needed to take care of. We were able to refinance the property based on projections, supported by one year of increased revenue verification, with sufficient cash to take care of those problems. This transitional financing will allow the borrower to generate the cash flow history necessary to refinance with his bank. After ReProp and the appraiser made independent site visits, we funded a loan prior to obtaining the appraisal. This allowed the borrower to take care of his pressing needs, and we advanced additional funds after receipt of the appraisal. |
::: Agricultural LoansCommunity banks and insurance companies have been the traditional source for real estate related agricultural loans. Lately, these traditional sources have shied away from ag loans, making it difficult for farmers to get needed capital. ReProp Financial can work with farmers to make loans that make sense. We can also help part-time farmers and homeowners who choose to live on large rural parcels where traditional residential lending sources are not available. Key BenefitsWe can make loans that have been turned down by the traditional sources of agricultural capital. We can work with the farmer's bank and convert loss carryforward. We can help the farmer formulate a plan that gets the farmer back to traditional sources of capital. We treat each lending situation uniquely. No two farmers are alike, and the best thing about ReProp is that we can tailor a loan to meet the unique needs in any given situation. You and your customer always have ReProp's Promises to You:
PricingEach loan we make is tailored to meet the unique needs of the farmer; so the loan type and pricing varies with each lending situation, based on the plan that the farmer and ReProp agree will get the farmer back to traditional sources of capital. The loans we are asked to do are more difficult and price above traditional sources of capital as a result. However, Banks, Brokers and Farmers choose ReProp because we do the job cost effectively and professionally. Give us a try and we think you'll agree. Call us today to speak to one of our lending specialists. Now You Can Say Yes! |
