Farm Loans for Women
According
to the latest census, 36% of farmers are women, and 56% of farms have a female
decision maker on board. Women are deeply rooted in agriculture in all facets;
they are involved in the day-to-day work, record keeping, advocating with the
public, and more. On the other hand, women are historically underserved
regarding access to agriculture-related lending.
Alabama
Farm Credit has reached out to bridge that gap in lending, having various
options for loans that women may qualify for. For instance, they offer
improvement loans, which assist in making a preexisting operation stay
competitive by adding additional facilities or modernizing established
structures, and livestock loans allowing women to gain the capital to create
the cattle herd of their dreams.
Their
loans are not limited to improvement or livestock loans. However, Alabama Farm
Credit offers women the opportunity to qualify for loans for land, agribusiness
loans, equipment, and everything in between. They are genuinely a lender who
knows the agriculture's ins and outs in all its components and can find
creative lending solutions for their customers.
Women
have been involved in agriculture throughout history. Still, in the past few
years, the number of women entering the agricultural sector has been astounding
and needs to be celebrated. Now, almost one million farmers represented across
the United States are female and bring in nearly $13 billion of annual
agricultural revenue. Even though most female-run farms are smaller operations,
this is just the beginning for females in agriculture.
For
females who are inspired and considering exploring their options for
ag-lending, Alabama Farm Credit has an incredible number of options tailored to
fit unique circumstances and requirements for each operation with competitive
interest rates. Alabama Farm Credit combines its distinct business model with
staff knowledgeable about lending and familiar with all that comes with being
involved in agriculture.
Suppose
you're a female in agriculture looking to become a part of a customer-owned
cooperative that cares for you and your agricultural needs. In that case, you
should talk with Alabama Farm Credit. They can take your vision and turn it
into a profitable business with their various lending options.
Contact us or get started by applying for a loan today.