OPERATING LOANS
Henderson State Bank specializes in operating
loans for agricultural and other business operations.
Operating loans can be used to fund living
expenses, hedging expenses, crop inputs, purchase a vehicle or small
equipment, or livestock. They are excellent in situations
where a majority of a person's income does not come on a regular
basis.
EQUIPMENT
LOANS
Equipment loans are variable rate term loans that
are used for purchasing equipment that will require more than one
year to repay. Equipment that generally qualifies for this type
of loan would be tractors, combines, grain trucks, and field
implements and pivots.
REAL
ESTATE LOANS
Henderson State Bank offers a variety of ways to
finance real estate purchases. One of our strengths is our willingness to structure
these loans to fit your situation. Give us a chance to help
you grow your business.
Henderson State Bank also offers NIFA loans that
have reduced interest rates. Agricultural NIFA real estate
loans are available to a first-time farmer who is acquiring farmland
and is the principal user of the land. He or she must also be
substantially involved in the farming operation. Agricultural
NIFA equipment loans may be used by a first-time farmer to purchase
equipment. Residential NIFA loans are available to first-time
home buyers with qualified income limits. For more information
on NIFA loans call Grant at 402-723-4441 or visit NIFA in
the Internet at www.nifa.org.
Agricultural
Energy Loans
As a way to promote the
development of new, energy-saving farming practices, the State of
Nebraska has created Dollar and Energy Savings. These loans can be used for anything that will reduce
energy costs such as pivot irrigation instead of gravity, or
converting to equipment that uses a more efficient type of
fuel. For more information on Energy Loans info@hendersonstatebank.net.
