Ag Expansion

Ag Business Expansion Hero

Navigating to Success

We will help you identify your goals and provide the best solutions to reach your destination.

Success doesn’t just happen. You’ve planned and worked hard to achieve results. If you want to expand your operation to the next level, your American Federal Ag and Business Banker can help. The combination of our financial knowledge, experience and business expertise will help you chart a course to achieve your goals. We’ll develop and tailor solutions to help you balance risks and rewards. In a marketplace of constant change, our commitment to building long-term relationships with your business remains constant. Just like you, we’re in this for the long term.

Expanding your Farm Operation

Expansion can take a variety of forms when considering the next goal in your farming operation. It can mean acquiring land and equipment, changing your mix of crops to include specialty or other crops, looking at new markets or other opportunities. It can also mean transitioning your operation to the next generation or other family members.

Your American Federal Ag and Business Banker with expertise in agriculture financing and business will help you look at a variety of factors.

  • What are the risks vs. rewards of expansion?
  • What equipment is needed?
  • Are additional labor and storage needed for increased acreage?
  • Do you have the right people in the right roles and the technology you’ll need to achieve success?
  • How will farm prices and programs affect your business?
  • What is your business succession plan?
  • What are the tax and insurance implications of expansion?
  • What marketing strategies will help you achieve your goals?
  • How will the strategies affect your bottom line?

This is just the start. Your American Federal Ag and Business Banker can help you evaluate short and long-term strategies to achieve your goals profitably. Contact us today.

Expanding your Agribusiness

Your business doesn’t stand still. Neither do we. When it comes to helping your business grow, your American Federal Ag and Business Banker works in step with you to determine and evaluate the best solutions for your business. In a fast-paced marketplace, there are many factors to consider when expanding your business.

  • What are the risks vs. rewards of expansion?
  • How will you manage growth appropriately? Do you have the right controls in place?
  • Do you need real estate, equipment or technology to grow?
  • How do you protect what you have?
  • Do you need working capital to expand personnel and inventory?
  • Do you have the right people and management in the right places to achieve success?
  • What is your business succession plan?
  • What are the tax and insurance implications of expansion?
  • What factors does your business plan take into account?
  • How will the strategies affect your bottom line?

This is just the start. Your American Federal Ag & Business Banker can help you evaluate short and long-term strategies to achieve your goals profitably. Contact us today.

This information offers general advice and is not intended to be marketing, legal or tax advice.  Consult your attorney, tax accountant or other professional.