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FARMERS BUSINESS NETWORK FINANCE SURPASSES $1 BILLION IN CAPITAL FINANCED
Mar. 6, 2023
Source: Farmers Business Network news release
FBN announced today that the company has now surpassed $1 billion in total capital financed to borrowers. This milestone illustrates how the growing number of members rely on FBN to gain faster, less expensive, and more reliable access to capital to run and grow their operations.
FBN Finance provides farmers with a new avenue for financing, empowering them to access a network of lending partners that provide low rates and fair terms. These finance offerings are designed based on farmer feedback and tailored to fit FBN members' specific needs - ranging from land financing, operating lines, equipment financing, input financing, and more.
Because of FBN's innovative data analysis, lending and underwriting decisions are optimized and expedited.
"We're always looking to provide our farmers with the most competitive options on the market, especially in this current climate of high interest rates and economic uncertainty," said Devin Lammers, President of FBN Financial.
Today's FBN Finance news comes on the heels of several announcements: in recent months the company has launched its livestock partnership with Boveta Nutrition™, its strategic collaboration with Greeneye Technology Precision Spraying System, and held its most successful Farmer2Farmer event ever in Omaha, Nebraska.
For more information on available financing solutions from FBN Finance, click here or complete the form below to connect directly with a member of our loan advisory team.
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