Customer Eligibility:

• You must have the potential to generate $500 in annual gross farm income.

Loan Application & Closing Process:

• Complete a loan application at a participating equipment dealership.
• Dealer submits your application to FCS Financial's Central Lending Services Department for processing.
• FCS Financial contacts dealer with loan decision.
• Dealer requests loan documents when you are ready to close.
• FCS Financial faxes loan documents to the dealer.
• Dealer works with you to get documents signed and remits documents to FCS Financial.
• The whole process can take place on the dealer's lot in as little as 30 minutes.
• After loan closing, future loan servicing is handled by FCS Financial's expert branch office staff.

Loan Terms & Structure:

• Fixed, 1-year adjustable, variable, & Prime Plus interest rate products available.
• Loan terms from 1-7 years. Loan term based on: age, type, manufacturer and proposed usage of the equipment & your credit factors.
• Monthly, quarterly, semi-annual, and annual payments available so you can match payments to your income stream.
• Typically, 10% down payment required for new equipment, 20% down payment required for used equipment. The down payment can be from cash, trade-in, or a combination of both.
• Collateral for the loan is the equipment being financed. 
• 100% financing is available for customers with high quality credit. (High quality credit determined by FCS Financial.)
• If you have a captive finance company loan due to reprice, you can also apply for an "On-The-Spot" loan to refinance - taking advantage of FCS Financial's competitive fixed rates.