In the heartland of Minnesota, agriculture isn't just a livelihood; it's a way of life. From sprawling farms that stretch across the horizon to bustling agricultural operations that feed communities, the state's rich agricultural heritage is deeply ingrained in our communities.

 For those seeking to venture into or expand within the farming business, securing financing for agricultural real estate is a crucial first step. This is where First Independent Bank steps in, forging a path to success for farm and agricultural operations across Southern Minnesota. We've compiled our best advice for seeking agriculture real estate funding for your farming venture.

Understanding Agricultural Real Estate Financing

Financing agricultural real estate involves securing the funds necessary to purchase, develop, or expand land, farms, or related facilities for agricultural purposes. These properties can include crop fields, orchards, livestock farms, vineyards, and more. As these ventures often demand substantial investments, seeking financing from reliable sources becomes crucial.

Develop a Comprehensive Business Plan

A well-structured business plan is your blueprint for success and an essential tool when seeking a loan. It should outline your farming goals, strategies, projected revenues, and expenses. Lenders want to see that you have a clear vision for your agricultural venture and a plan to generate income that can support loan repayment.

Assess Your Financial Health

Evaluate your personal and business financial status before contacting your First Independent Bank lender. Your personal and business credit history will play a crucial role in determining the terms of your loan. A strong credit history demonstrates your reliability as a borrower and increases your chances of securing favorable loan terms. While we will also look into these factors, it's a good idea to know where you stand to avoid surprises when you start the loan process.

Explore Government Programs

Investigate government-backed loan programs that are designed to support agricultural businesses. For instance, the USDA's Farm Service Agency (FSA) provides various loan options for farmers and ranchers, including those aimed at purchasing farmland, expanding operations, and improving facilities. These programs often come with more lenient eligibility criteria and competitive interest rates. If you need help determining what programs you qualify for, our expert ag lenders can help you learn more.

Move Forward with First Independent Bank

As Minnesota's agricultural landscape continues to evolve, so do the dreams and ambitions of its farming community. First Independent Bank stands as a pillar of support, offering various financial solutions that pave the way for agricultural growth. From crop input loans to turn-key farm purchases and livestock loans to land loans, the bank ensures that every step of your agricultural journey is backed by financial expertise and unwavering dedication.


In agricultural real estate financing, First Independent Bank isn't just a lender; it's a partner in your success. With a shared vision of a thriving agricultural sector in Minnesota, our commitment to your success echoes through every transaction, every loan, and every step toward a brighter agricultural future.