Livestock purchases usually rank among the larger expenses of an ag operation. They can put a dent in your savings or working capital. Rather than tying up your funds with such a large purchase, consider a Livestock Loan from Peoples Bank.
What is a Livestock Loan?
Whether you’re just starting out or bringing in a new herd, a Livestock Loan provides the funds you need to make your livestock purchase. Livestock Loans can also be acquired to refinance an existing livestock loan. Our knowledgeable ag lenders can answer any questions you have about the kinds of animals that qualify for a Peoples Bank Livestock Loan. Commonly, Livestock Loans are used to purchase a variety of livestock raised in Iowa and Minnesota, including:
- Beef cattle
- Dairy cows
Why Choose Peoples Bank?
At Peoples Bank, we know that agriculture plays a large role in our local communities. Our history is rooted in ag lending. We understand the specific needs of our local ag businesses and local farming standards. Our experienced ag lenders are dedicated to helping local ag businesses thrive through flexible lending solutions, local decision making, and fast turnarounds. When you need funds to make a livestock purchase, we’re here to help. Our agricultural lending team is comprised of members of your local community who understand the needs and challenges faced by the agricultural industry in Northwest Iowa, Southwest Minnesota, and Southeast South Dakota.
We’ll Find the Right Solution for You
A true community bank, our lenders are connected to the local ag industry and have a detailed understanding of your unique needs. Our Ag Loan Experts are ready to help new and existing farmers grow and remain profitable in the future. Stop by one of our ten convenient locations or contact us today!