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Operating Loans

Get an operating loan that pays you back.

Apply Now
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When everything costs more, get an operating loan that pays you back.

Our operating loans give you more cash back and more flexibility in how you are able to manage your funds.

Why Farm Credit Mid-America?

  • Patronage program – The more you use your line of credit, the more cash you get back at the end of the year through our Patronage program. In fact, our farmers have received more than $1.25 billion back in their wallets over the last 8 years. 
  • Cash back Disbursement Card – When you connect our cash back disbursement card§§ to your operating loan, you earn 1.5% cash back on all purchases.
  • Strategically manage your funds – Get a more comprehensive picture of your funds through a Farm Cash Management® account and enjoy convenient access to your line of credit based on your preferences—through a checkbook, cash back‡‡ disbursement card, or wire transfer.

Get Started Today

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How to Apply

Whether you’re applying online or at a local office, we’re here to make the loan process as easy as possible.

  1. Gather Your Borrower Information
    You can apply individually or with someone else, but be sure to have the basic information handy for both borrowers, including legal name, physical address, date of birth, social security number, farm and other income. Make sure you know your annual income and the amount you want to borrow.
  2. Understand Collateral Requirements††
    Securing your loan or lease with collateral can have a positive impact on your application approval process. Fortunately, we make it easy to use items such as equipment, livestock or inventory.
  3. Complete our application, either online or in-person
    We offer options with our loan application. You can either apply online online for loans up to $150,000 or through a local office with one of our team members.
Family stands together.

Our farm is our legacy; it’s something that’s ours.

Convenience Built for Farmers

Operating loans are designed to use for routine operating expenses. These annual loans make funds available to you as needed, and once you pay them back you can draw from them again.

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Auto Renewal¶¶

Some operating lines are eligible for automatic renewal as long as our credit standards. And renewals that go through the automatic renewal process may not be subject to fees.

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Convenient Access

Accessing your funds should be easy. That’s why we offer multiple ways for you to access your operating funds, including through a checkbook, disbursement card§§ and wire transfers. And you can deposit funds through our remote capture option on our online banking app.

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Competitive Rate Options

With a variety of rate options available, including fixed, adjustable and more, you can find the right operating loan for your operation’s needs.

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Online Banking

Easily automate transfers from your operating line of credit through our online banking platform. With the ability to integrate with popular programs like Quicken® and Quickbooks®, you can manage your operating funds safely and securely.

Disbursement Cards

Disbursement Cards

Enjoy 1.5% cash back on purchases, plus convenient access to your operating funds.

With a Farm Credit Mid-America disbursement card§§, you not only earn 1.5% cash back‡‡ for the things you’re already purchasing, you also can access your line of credit for your operating loan, any time, anywhere. You no longer need to request disbursements—spend seamlessly on supplies like seed, machinery, business meeting expenses, and more.

Key Features

  • Rewarding – Earn 1.5% cash back‡‡ on every purchase
  • Immediate Access – Access your operating funds right away, without having to request disbursements
  • Simple – Pay bills and access your account records online
  • Secure – Rest easy with Mastercard® fraud protection

Frequently Asked Questions

Farm Credit Mid-America is a proud member of the Farm Credit System. We serve farmers, producers, agribusiness, and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio and Tennessee. To be eligible for a loan through Farm Credit Mid-America, you must live in or have a farming operation within our loan servicing area and produce farm income or intend to produce farm income.

Arkansas includes Clay, Craighead, Crittenden, Cross, Greene, Lee, Mississippi, Phillips, Poinsett, St. Francis and Desha (northeast of the White River) counties. Missouri includes Carter, Ripley and Wayne counties. Kentucky excludes Ballard, Calloway, Carlisle, Fulton, Graves, Hickman, Marshall and McCracken counties. Ohio excludes Crawford, Hancock, Lucas, Marion, Ottawa, Sandusky, Seneca, Wood and Wyandot counties. We serve all counties in Indiana and Tennessee. 

If your primary operation is outside of our loan servicing area, we recommend reaching out to your local office or visiting farmcredit.com to locate the Farm Credit System Association that serves your operation’s geographic area.

Applications submitted online before 2pm Eastern time, excluding holidays and weekends, with a loan amount up to $75,000 can be decisioned same day. Additionally, applications with a loan amount greater than $75,000 may require additional underwriting and may not be eligible for a same day decision. Once a decision is reached, a member from our team will contact you.

Through our online application, you can submit an application for an amount between $2,000 and $150,000. Apply Now to get started.

If you’re interested in borrowing more than $150,000, our local team is ready to help. Find a local office or message us to get started.

Before starting your loan application for a loan, we recommend having the following information ready:

  • Annual income
  • Amount you want to borrow
  • How you plan to use the loan funds
  • Property acreage, estimated value, and any dwelling information

No problem! Our approvals are good for 6 months. If you are applying online, select “I’m still looking” and we will collect some basic information about the type of loan you are interested in. Your application will be processed as an approval request. Once you are ready to purchase, follow-up with one of our team members and they will continue to process your loan request to closing.

Calculate Loan Payments

Enter your total loan amount into this farm loan payment calculator to estimate your monthly payment and loan amount with interest.

About Our Rates

Your estimated recurring payment is $0 for a $0 loan at 0% APR. You’ll pay $0 in interest.

Apply Now

or Recalculate

This calculator is based on the rate being fixed to maturity. A loan not on a fixed rate could change at repricing.

Ready to Talk?

Ready to Talk?


* Loans and leases are subject to credit approval. Additional terms and conditions may apply. Farm Credit Mid-America is an equal opportunity lender.

† Patronage is an annual decision made by the Board of Directors to return earnings to eligible customers. To learn more about patronage or patronage eligibility, please visit our Patronage page.

§§ Disbursement card is for use with an operating loan. Operating loans are subject to credit approval. Additional terms and conditions may apply. For more information, please contact us at 800-444-FARM. Farm Credit Mid-America is an equal opportunity lender.

¶ This is not an offer for the sale of Farm Cash Management® (FCM®) investment accounts or AgriBank Money Market investments. Such investments are not insured by or a direct obligation of the United States government. FCM investments can only be purchased directly from AgriBank, FCB. Carefully review the disclosure information provided to all prospective purchasers prior to purchasing. Farm Credit associations are not authorized to represent AgriBank regarding such investment accounts. You should not rely on any statement or opinion of our associations or personnel in deciding upon the safety and soundness of FCM accounts or their suitability for your particular situation. Certain terms and conditions apply to FCM accounts.

‡‡ Cash back is made in the form of a credit to your operating line every October. In the event your line has been paid in full, payment will be made via check. Additional terms and conditions may apply. 

†† Your loan length and credit score will impact the down payment and/or collateral required. If the existing land you plan to use for collateral has a mortgage with another institution it must be subordinated to or refinanced with Farm Credit Mid-America.

¶¶ Not all loans are eligible for automatic renewal. Renewals that do not go through the automatic renewal process may be subject to certain fees. Automatic renewals are subject to credit approval. Other factors like eligibility and scope may apply.  

Farm Credit Mid-America territory includes Arkansas, Indiana, Kentucky, Missouri, Ohio and Tennessee. Arkansas includes Clay, Craighead, Crittenden, Cross, Desha (northeast of the White River), Greene, Lee, Mississippi, Phillips, Poinsett, and St. Francis counties. Missouri includes Carter, Ripley and Wayne counties. Kentucky excludes Ballard, Calloway, Carlisle, Fulton, Graves, Hickman, Marshall and McCracken counties. Ohio excludes Crawford, Hancock, Lucas, Marion, Ottawa, Sandusky, Seneca, Wood and Wyandot counties. We serve all counties in Indiana and Tennessee. 

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