When it comes to farm loans, no one knows the local industry like the Bank of Frankewing. Since 1921, we have served both small and large farm operators in Southern Middle Tennessee and north Alabama. We are experienced in financing various farm needs including farm production, equipment, livestock and land acquisition.

Man holding son while in field with tractors working
Call us or visit one our experienced Ag loan officers. We are here to help you.

Frankewing Branch:
Joseph Goldman (931) 363-1796

Pulaski Branch:
Jesse Busby (931) 424-3008

Lawrenceburg Branch:
Brandon Giles (931) 762-6800
The Bank of Frankewing can assist with the purchase or refinance of beef cattle, stocker cattle, dairy or other livestock. Livestock loans can be structured in different ways, depending on the type of livestock being financed. The loan terms will range from a short-term grass feeding or backgrounding herd, to longer terms for breeding livestock. The repayment on these loans will be structured to match the cash flows of each particular herd.
Crop loans are typically a done as a line of credit to cover the expenses that are involved in the planting and raising of a particular crop. In our area, the most popular crops harvested are soybeans, corn and wheat. A crop loan allows a farmer to make draws and then pay the loan off when the crop is harvested and sold. The cycle or term of these loans is usually 12 months and the collateral is the actual crop being harvested.

This loan allows you to purchase or refinance tractors, vehicles, machinery and/or other equipment being used for the function of your farm. The repayment terms on these loans typically depend on the type and age of the collateral, but usually do not exceed 5 years.

A line of credit is a loan that allows you to draw money as you need it, up to the credit limit. These types of loans can be paid down and then drawn back up, depending on the structure of the line of credit, similar to a credit card. 

Lines of credit are designed to meet short term working capital needs or cover operating expenses. For example, purchasing fertilizer, chemicals, and feed might be a good temporary use for this line of credit. Collateral and repayment terms are typically tailored to meet the needs of your farm and its cash flow cycle, but quarterly interest payments are required in most cases.

All loans are subject to credit approval. See a loan officer for details.