Delaware Farm Loans
Farm Plus Financial is an active provider of Delaware farm loans and ranch loans to the over 2,480 farms in the state of Delaware. Delaware’s soil consists of well-drained soils that are high in silt which is perfect for farming. Broilers, corn, soybeans and wheat make up the majority of the top agricultural products in Delaware. With over 510,000 acres of the state of Delaware currently devoted to heathy farmland and agricultural production, Delaware has a thriving agricultural community. The annual value of Delaware’s agricultural production in the state of Delaware is estimated at over $1 billion and the annual aggregate economic contribution of agriculture to Delaware’s economy is estimated at over $8 billion. Nationally, the state of Delaware ranks #1 in the value of agricultural products sold per farm at around $426,000 per farm and value of agricultural production produced per acre of land in farms at $2,150. Kent and Sussex counties are in the top 2 percent of U.S. counties in value of vegetables sold. Delaware also ranks 3rd nationally in the number of equine per county. Delaware’s unique agricultural offering requires an experienced farm lender that understands not only the local agricultural market but also Delaware’s agricultural impact across the nation.
The experienced team at Farm Plus Financial understands the challenges Delaware farmer’s and ranchers face when searching for farm capital. Whether you are seeking a farm loan to refinance for a better rate and term, purchase new agricultural land, expand your current operation or just cover day to day farm operating costs, Farm Plus Financial is Delaware’s trusted source for agricultural financing. If you are interested in applying for a Delaware farm loan ranging from $400,000 to $25 million, contact Farm Plus Financial toll free at 866.929.5585 or fill out our online contact form to receive our current farm loan rates and more information on our farm loan programs.