Flexible Operating Lines & Input Financing

No.

Yes, you can, but each lender may require a specific collateral lien position.

Operating lines require crop production for the collateral, so multi-function crop and livestock operations may be a fit, but single livestock operations are not a good fit.

No. While you can use your operating line to buy inputs from FBN, you can also use it to purchase products and services not offered by FBN. Buy inputs from other vendors, pay rent, pay for labor and much more.

FBN’s name is not on grain or crop insurance checks.

*Subject to final review and verification.

Qualified farmers who apply and accept (1) the terms of an Operating Line of Credit through FBN® Finance of $100,000 to $1,000,000 and payoff the balance in full by March 10, 2025 are eligible to receive a promotional interest rate of 3.99% when using the Operating Line of Credit to finance purchases of input products made through FBN Direct® between September 1, 2023 - November 30, 2023 and a promotional interest rate of 4.99% when using the Operating Line of Credit  to finance purchases of input products made through FBN Direct between December 1, 2023 - January 31, 2024. Qualifying input products include crop protection, adjuvant, crop nutrition, seed, animal health and livestock feed. Advances on the FBN Finance Operating Line that are not for the purchase of input products from FBN Direct will be charged interest at the stated (non-promotional) contract rate in the Operating Line of Credit loan agreement.**

Approved farmers who apply for and accept the terms of an FBN Finance Operating Line and make a minimum $50,000 purchase of any input categories or $10,000 of animal health or livestock feed products only from FBN Direct by November 30, 2023 or a $75,000 purchase of any input categories or $25,000 of animal health or livestock feed products only from FBN Direct by January 31, 2024  will receive the benefit of automatic qualification for a promotional rate lock from FBN Direct. The rate lock offers qualified farmers a promotional rate of 0% interest until February 1, 2024, then a promotional rate from 3.99% - 4.99% interest, based on the timing of qualification, on future purchases of input products only made through FBN Direct by August 31, 2024. Promotional 0% interest rate will be achieved through offsetting statement credits from FBN.

**Payments for all amounts owed under the associated FBN Finance Operating Line of Credit are due March 1, 2025.  If the total balance for all amounts owed is not paid in full by March 10, 2025, interest charges on all purchases of input products made through FBN Direct between September 1, 2023 - August 31, 2024, using an Operating Line of Credit through FBN Finance will be imposed from the purchase date at the stated (non-promotional) contract rate in the Operating Line of Credit loan agreement.  

(1) Borrower will have seven (7) days from date of acceptance to sign loan notes and for loans greater than $500,000, thirty (30) days to fulfill all conditions outlined in the loan note. 

FBN Direct products and services and other products distributed by FBN Direct are offered by FBN Inputs, LLC and are available only in states where FBN Inputs, LLC is licensed and where those products are registered for sale or use, if applicable. If applicable, please check with your local extension service to ensure registration status. Nothing contained on this page, including the prices listed should be construed as an offer for sale, or a sale of products. All products and prices are subject to change at any time and without notice. Terms and conditions apply.

Qualified farmers must purchase within promotional period #1 (Sept 1 - Nov 30, 2023) to receive the 3.99% promotional rate or promotional period #2 (Dec 1, 2023 - Jan 31, 2024) to receive the 4.99% promotional rate. Any purchases made between January 31 - August 31, 2024 by farmers who did not qualify for the promotional rate lock will be financed at the variable standard financing rates. Farmers must complete a credit application and be approved by FBN Finance, LLC or our lending partner. Farmers must be credit qualified by FBN Finance, LLC, and all loan documents must be fully executed. Payment in full must be made by January 1, 2025; default interest rate charges apply.

For purchases using FBN Finance input line of credit (not an FBN® Finance Operating Line), qualified farmers must purchase within promotional period (September 1 - November 30, 2023) to receive the promotional rate: 0% through February 1, 2024, and 3.99% thereafter. Promotional 0% interest rate will be achieved through offsetting statement credits from FBN. Payment in full must be made by January 1, 2025; default interest rate charges apply. After January 1, 2025, the interest rate will be subject to the prime rate as reported in the Wall Street Journal plus 2.50%. On the first day of each month the interest rate shall be adjusted by adding a margin of 2.50% to the current prime rate.

Products sold or distributed through FBN Direct® are offered by FBN Inputs, LLC and are available only in states where FBN Inputs, LLC is licensed and where those products are registered for sale or use, if applicable. Please check with your local extension service to ensure registration status. Terms and conditions apply.

FBN Finance, LLC commercial operating lines of credit are offered by FBN Finance, LLC and its financing partners, and are available only where FBN Finance, LLC is licensed. Terms and conditions apply. All credit is subject to approval and underwriting. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.