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Planting Seeds for Your Future Harvest

The First Steps in Applying for a Loan

Over the years, Capital Farm Credit has simplified the loan application process. Although applying for a loan can seem like an intimating process, CFC has found the most efficient and accessible way to help you finance your agriculture dreams.

 

Connect & Apply

Starting the loan application process can be initiated in two different ways depending on if you are a first time or returning applicant with Capital Farm Credit.

First Time applicant:

  • Online Process – Complete the online form Apply For A Loan In Texas | Capital Farm Credit. Once completed and submitted, the applicant will be sent a loan application tailored to specific needs and goals. Your application will be connected to a relationship manager who will then help you continue the loan process. 

Returning applicant:

  • If you already have a relationship with a Capital Farm Credit office, reach out to your previous relationship manager and communicate current interests in financing and details about your desired loan. CFC’s relationship managers can work with you to ensure you receive the best tailored loan product for your goals.  

 

The Extras

When applying for a loan take into consideration these items to ensure a smooth application process.

  • Supply your spouse’s information if applicable.
  • Provide the correct documentation of proof of income that is consistent with what is listed on your application.
  • In the circumstance that you submit all favorable documents and information needed, a decision on a credit loan under $1 million can move as quickly as 24 hours in circumstances.
 

Lending Lingo

It is important to familiarize yourself with terminology associated with the loan application process. Terms may include:

  • Assets - A resource with economic value that an individual or company owns or controls with the expectation that it will provide a future benefit.
  • Liability - Something that a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.

 

Claiming Your Harvest

At the end of your application process, a Capital Farm Credit relationship manager will contact you to ensure you receive updates on your loan. Our lenders serve as an advocate for you during, and for the remainder, of the loan process.  

When you work with Capital Farm Credit to apply for agricultural financing, however you plant seeds for a successful future harvest.  If you have any questions about the loan application process, our team of lending professionals are ready to assist you.

 

Find a Capital Farm Credit Office in Texas | Capital Farm Credit.