Interest Rates, Farm Financing to be Discussed at Indiana Farm Expo

AgriFinancial is one of this year’s title sponsors of the Indiana Farm Equipment and Technology Expo that’s happening next week, Tuesday through Thursday, at Grand Park in Westfield.
“When we’re talking with farmers at the show, I imagine that rates are going to be a pretty hot topic. That seems to be what we get a lot of questions about right now is where are those interest rates,” says AgriFinancial Regional Sales Officer Cortney Bonjean who will be on hand at next week’s Expo.
“While farmers have seen rates at a much higher price, it still is hard to go from that 3%-4% range up to the 6%-8% range.”
Bonjean says they pride themselves on really getting to know their agricultural customers to know exactly where they’re coming from. She says AgriFinancial is committed to making sure you’re structured appropriately in your financing needs.
“We can do leases on equipment, both new and used. We can do financing on grain bins. We also do just loans on purchases of land as well as a line of credit, which is our ag equity product.
At this year’s Expo, AgriFinancial will have a booth co-located with Morton Buildings to highlight their partnership.
“They have a great product. One that we’re happy to promote along with Morton. Farmers are looking to add additional storage, and with that, we can help them with a tax lease. We also have some loan options that would be available for their building.”
Bonjean added that it’s not just farm buildings that they can help with. Commercial buildings with Morton can also be financed through AgriFinancial and can be discusses at the show as well.
The Indiana Farm Equipment and Technology Expo begins next Tuesday, the 13th, and the doors at Grand Park in Westfield open at 9am.

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