combine at canola field
Agricultural Loans
Report Card Lost/Stolen 
Apply for a Mortgage Loan 
Apply for a Personal Loan 
Locations, Appointments, Order Checks
Electronic Forms
Customer PrivacyWhether you want to start or grow your farm, we’re here to help. We will take the time to learn about your operation and how we can work together to meet your goals of growth and financial stability. When it comes to agriculture, no two operations are the same, which is why we will create a plan unique to you. Ready to get started? Apply today!
Loan Comparison Details
| Best Use | Term | Minimum Monthly Payment | Collateral | |
|---|---|---|---|---|
Term Loans | Best Use Finance equipment, vehicles, irrigation systems, grain storage and handling systems, livestock, and more. | Term Up to 7 years | Minimum Monthly Payment Principal and interest based on amortization. | Collateral Equipment, vehicles or farm assets |
Ag Real Estate Mortgage | Best Use Purchase your home base of operation, purchase additional land, or renovate current facilities. | Term Varies | Minimum Monthly Payment Principal and interest based on amortization. | Collateral Commercial, residential, or multi-family real estate |
Ag Checking Plus | Best Use A short-term working capital revolving line of credit that attaches to your business checking account. | Term Open-end | Minimum Monthly Payment Interest-only payments | Collateral Typically unsecured; may require collateral |
Ag Line of Credit | Best Use A flexible short-term credit for operating expenses or small capital expenditures such as annual crop production expenses. | Term Varies | Minimum Monthly Payment Interest-only payments | Collateral Real estate and/or farm assets |
USDA Farm Service Agency Guaranteed Loans | Best Use Numerous programs including operating, term, and real estate loans. Learn More about USDA loans | Term no | Minimum Monthly Payment no | Collateral no |
How to Apply
You deserve timely decisions on your business lending application. To help us expedite the process, please come prepared with the following required documents.
Existing Operations
- 3-5 years of business and personal (if separate) tax returns
- 3 years of FINPACK financials (if applicable)
- Personal Financial Statement
- Articles of Incorporation/Organization (if applicable)
New Operations
Congratulations on deciding to start your own ag operation! Our lenders understand the local market and can help review your business plan and can customize a loan to meet your individual needs.
To get started, we will ask for the following information:
- Business plan (including, but not limited to: business description, industry analysis, and analysis of competitors, market analysis, marketing plan, management plan, and a financial plan)
- 3-5 years of projected revenues and expenses
- 3 years of personal tax returns
- Personal Financial Statement
- (if applicable) Certificate of Assumed Name and official Federal Tax ID confirmation (apply for an ID)
- (if applicable) Articles of Incorporation/Organization
Request appointment
Timeline
After we receive your information, we can usually give you an answer in a matter of days. Once approved, the loan can be closed anywhere from a couple of days to a couple of months, depending on the type and complexity of the loan.
Information accurate as of 3/16/19, and may be subject to change. All loans are subject to credit and underwriting approval. Other terms and conditions may apply.
United Community Bank NMLS 421829
Ryan, since 2006
Senior Commercial Lending Officer
Perham, MN
218-346-9749
Meet Ryan
Area of Expertise: Commercial lending
Alma Maters: North Dakota State University, University of Wisconsin-Madison
Community Involvement: Perham Rotary, Perham Center of the Arts
Favorite Part of My Job: Meeting with people and providing solutions for their unique needs.
Minnesota Picks: Camping
Douglas, since 2017
Commercial/Ag Lending Officer
Perham, MN
218-346-9755
Meet Douglas
Areas of Expertise: Agricultural lending, FSA guaranteed farm loans
Alma Mater: University of North Dakota and the Graduate School of Banking at Colorado
Community Involvement: Perham Fire Department
Favorite Part of My Job: Providing value to customers by producing a detailed insight into their financial situation
Minnesota Picks: Ice cream cones in the summer and pumpkin patches in the fall.
Ashley, since 2003
Branch Manager // Loan Officer
Frazee, MN
218-346-9725
Meet Ashley
Community Involvement: Frazee EDA, Frazee Sportsmen’s Club, Frazee Area Community Club
Favorite Part of My Job: My favorite part of my job is watching the customers grow and succeed; it is very rewarding knowing that customers you started working with to build/rebuild credit are now buying their dream homes.
Minnesota Picks: Hunting, fishing, or four wheeling