At BankWest, you have access to a wide range of financial tools and expertise. As your financial partner, we can compute annual income and expenses, forecast cash flow and evaluate break-even and profitability.
BankWest has the right agricultural loan for you!
|Operating Loans & Lines of credit||An ag line of credit can help your business work through a variety of cash flow cycles. Your BankWest ag specialists can set you up with a line that keeps your interest expense down and your operation moving.|
|Ag Real Estate Loans||Is it time to expand your operation? BankWest can support your financing needs with responsive service and flexible terms.|
|Machinery Loans||Is it time for an equipment upgrade? Your BankWest ag lender can provide the financial backing to ensure your machinery is operating in tip-top shape.|
Operating Loans and Ag Lines of Credit
BankWest is in your corner. We give you the backing to make financial decisions that increase your income and grow your operation. Managing credit is a critical component to this success and we make securing an ag line a credit convenient and simple. Here are the basic steps:
- You are preauthorized to borrow up to a maximum amount.
- This maximum amount is secured with your business assets. In some cases, an unsecured option may be available under certain credit conditions.
- You can use the funds to enhance your business and pay them back on a flexible basis.
- Interest only accrues on your outstanding balances.
Ag Real Estate Loans
Rely on BankWest’s experienced ag lenders when it comes to understanding land purchases and structuring an affordable financing package. Our BankWest pros are second-to-none. They know the ag market and have access to a variety of financing options to create a loan tailored to your needs. Visit with us today if you are interested in:
- Expanding your operation
- Capital improvements
- Refinancing existing real estate loans
- Restructuring debt
Managing and maintaining an ag operation can be very expensive. Six-digit price tags on machinery are common and the last thing you want is an unexpected break-down. BankWest specializes in new and used farm equipment loans. As a family-owned community bank, we make our decisions locally and quickly … getting you back in the field as soon possible. Farm equipment loans cover a variety items including tractors, combines, tillers and nearly everything it takes to get your crop in the ground, maintain it during the summer and harvest it in the fall. Visit with one of our business development officers to learn about our competitive rates and terms.
Our Customers Put it Best: What Makes BankWest Great
“We know we can count on BankWest to help us grow our operation.”
White Lake, South Dakota
Whether you operate a small, family farm or a large, commercial ranch, protect your investment with customized ag insurance.
Manage your accounts, pay bills, make deposits, check balances and do more where and when it is convenient for you.
Preserve your assets, secure your family’s financial future and leave a lasting legacy according to your wishes.