Question:
“My daughter is graduating college and wants to come back to the ranch. She is considering purchasing a flock of ewes to start with but does not have a down payment. What specific programs exist for young producers to buy into an existing family operation without me having to take on all the new debt myself?”
Morgan Wallace
Assistant Vice President, Ag & Rural Lending
đź“Ť Joplin Branch
Your daughter would be a great candidate for FCS Financial’s Connect Foundation loan – a loan product specifically designed for young or beginning producers purchasing breeding livestock. The Foundation loan can provide up to 100% of purchase price of breeding livestock up to $100,000 and can be set on a term that makes sense for the borrower, not to exceed 7 years.
At FCS Financial, one of our core missions is supporting the next generation of agricultural producers. We recognize that getting started in production agriculture can be challenging, especially as land, livestock, equipment, and operating costs continue to increase. Your daughter likely has the passion, work ethic, and management skills needed to succeed but may not have the financial history or equity that traditional lending often requires. That’s why we created the Connect program.
Flexible Credit Standards
The Connect program is designed specifically for young and beginning agricultural producers who are looking to establish or expand their operations. It provides greater flexibility in certain credit standards, allowing us to work with borrowers who demonstrate strong potential but may not fit traditional underwriting guidelines. Our goal is to remove barriers to entry while still promoting sound financial management and long-term success.
Tailored Loan Products
The Connect program has three specific loan products to help young producers like your daughter, including the Foundation loan for breeding livestock or machinery, a Down-Payment loan for farm real estate purchases and an Infusion loan, for capital injections when needed during transitions or expansion periods.
Beyond financing, FCS Financial is committed to building lasting relationships with our members. Your daughter will get more than a loan through Connect. Her loan officer will work closely with her to understand her goals, answer financial questions she has, and provide guidance through the lending process. The program also offers education and networking opportunities that can be critical to a young person’s success.
Ready to Support the Next Generation?
The FCS Financial team is here to help young and beginning producers build a strong foundation for their agricultural operations.
