Agricultural Loans

Farming  crops with productGreenwoods State Bank has over 100 years of experience lending to the agricultural community. Our lenders have the experience to understand the market and challenges that face farm families today. We have a lending team that can help you grow when the time is right and we will still be there to help you over the hurdles you are sure to face in this ever-changing marketplace.

  • Operating Loans
    A GSB operating loan offers convenience and flexibility and can be used for operating expenses such as crop inputs, feed, market livestock, rent and repairs.
  • Cattle and Equipment Term Loans
    Loan terms are customized to meet your needs, with a variety of rates and terms available. Our loan officers can help you develop a financial plan that maximizes your investment in cattle and equipment and helps your operation grow.
  • Farm Real Estate Loans
    The base of every successful farming operation is found in the real estate you own. GSB stays abreast of this market in order that we will be ready to help you when that piece of ground comes up for sale and you need to act quickly. We can design a loan package and repayment structure that best meets your needs. We are competitive, make local loan decisions and can provide you with prompt, friendly service.
  • Guaranteed Loans
    GSB works with USDA Farm Service Agency to provide Loan Service Guaranties and the State of Wisconsin WHEDA Operating Loan (CROP) program guaranties. See how these options can work for your benefit.


Revolving Line of Credit

Allows you to borrow, repay, and re-borrow funds throughout the term of the loan. Typically used to purchase crop inputs, feeder livestock, or feed.

  • Pre-approved credit available whenever you need it.
  • Credit lines available in an amount to serve your needs.
  • Able to repay and re-borrow at your convenience.
  • Flexible repayment terms with principal and interest paid monthly, semi-annually, annually or anytime (no pre-payment penalty) by maturity.

Non-Revolving Line of Credit

Allows you to borrow up to a pre-determined amount. Used to cover construction costs or start-up financing.

  • Pre-approved credit available whenever you need it.
  • Credit lines available in an amount to serve your needs and repayment ability.
  • Flexible repayment terms with interest billed monthly until permanent financing is established. (no pre-payment penalty)

Personal Property Loans

Used to purchase breeding livestock and machinery.

  • Easy-to-budget fixed payments.
  • Typically 3 to 7 year amortization.
  • Secured by livestock and machinery.

Real Estate Loans

Used to purchase land or for building construction and renovation projects.

  • Easy-to-budget fixed payments.
  • Typically 10 to 30 year amortization.
  • Secured by real estate.

Farm Service Agency (FSA) Guaranteed Loans

Greenwoods State Bank works extensively with guaranteed loans and has obtained Preferred Lender Program (PLP) status to better serve you.

  • Used by farmers who do not qualify for conventional financing.
  • The money is borrowed from the bank.
  • Our qualified lending personnel complete all loan documentation.
  • FSA guarantees up to 90% of any losses on the loan to the bank.
  • Lines of credit, personal property loans, and real estate loans available.
  • You may qualify for a 4% interest subsidy.

Wisconsin Housing and Economic Development Authority (WHEDA) Loans

  • WHEDA CROP loans provide up to 90% guaranteed loan up to $60,000.00 for expenses for farmers who do not qualify for conventional financing.
  • WHEDA FARM is a guaranteed loan program for producers who wish to expand or modernize an existing operation.
  • Other fees and restrictions may apply.