If you've been in agriculture for longer than a year, you already know it takes money. Regardless of size, farming takes thousands of dollars just to cover annual operating costs. Then you have to deal with worn-out equipment, capital improvements to your operation, or expansion. The bottom line is that the great majority of farmers need to borrow money at one time or another.

When you borrow at Farm Credit, you can lower your interest expense through patronage refunds -- so you pay less for the money you use. We have a full range of flexible payment plans that allow you to pay monthly, quarterly, semi-annually or annually, and each has an account draft option.

We don't sell checking accounts, savings accounts, CDS or trust services. We don't require compensating balances when you establish a long-term loan with us. Our job is to provide credit to rural America. Read more here to see if you are eligible to borrow from Farm Credit

Real Estate and Farm Improvement Loans

Fixed, variable and adjustable rate mortgages are available with several maturities. You may choose to finance full and part-time farms. We also make long-term rural home loans. For more information about our rural home loans, see Country Mortgages.

Equipment Loans

Upgrade or replace inefficient equipment and take advantage of dealer cash discounts by financing through Farm Credit. Once your receive approval on your loan request, a full array of flexible terms and interest rates are available.

Operating Loans

Revolving and annual lines of credit are available to farm owners and operators. Payment schedules can be established to conform with your income from crop or livestock sales. An operating loan may allow you to run your spread more efficiently, because you can realize savings through cash discounts, locking in prices by paying ahead, and tax benefits for prepayment of some expenses.

Automobile and Personal Loans

We provide loans for cars or trucks, college tuition or just about any credit need for farm owners and operators. As with our other loans, payment schedules can be tailored to coincide with your income.

**Effective January 1, 2006, Farm Credit of the Virginias has begun reporting credit information to Equifax, a national credit bureau system. The association's reporting efforts are important for aiding consumers in obtaining credit, assisting businesses in credit approval, providing consumers with timely and accurate personal credit information, reducing fraud and abuse, helping prevent identity theft and minimizing errors in credit reporting. If you have questions regarding this new process, please contact our Credit Desk at 540-886-3435 ext. 621.

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