Beginning Farmer Resources

BEGINNING FARMER RESOURCES

START YOUR FARMING JOURNEY

Embarking on a farming career is both exciting and challenging. Profinium is here to support you with tailored loan programs and resources designed specifically for beginning farmers.






CONNECT WITH OUR AG BANKING TEAM

PERSONALIZED SUPPORT

Our experienced Ag Banking Team is dedicated to helping you navigate the financial aspects of starting your farm. We offer personalized guidance to ensure you find the right loan programs and resources for your unique situation.

 

 

FINANCIAL WORKSHEETS & RESOURCES

PREPARE YOUR APPLICATION

To assist you in the loan application process, we provide a variety of financial worksheets and resources, including:

  • Cash Flow Projections

  • Crop Budget Worksheets

  • Livestock Budget Worksheets

  • Balance Sheets & Net Worth Statements

  • Loan Amortization Schedules

 

APPLY FOR A LOAN

TAKE THE NEXT STEP

Ready to begin your farming journey? Contact your banker to discuss your options and start the application process.









The Farm Service Agency (FSA) offers loan programs to assist new and family-sized farms in securing financing for:

  • Land

  • Livestock

  • Equipment

  • Feed

  • Seed

  • Supplies

  • Building construction

  • Farm improvements

These loans come with competitive rates and are designed to meet a wide range of agricultural needs.

 
 

The Minnesota Rural Finance Authority (RFA) provides loan programs with benefits such as:

  • Secure terms and conditions not typically available otherwise

  • Typically lower rates than other private lenders

  • A wide range of programs available for specific purposes, including:

    • Basic Beginning Farmer

    • Seller Assisted

    • Agricultural Improvement

    • Restructure II

    • Livestock Expansion

    • Value-Added Stock

    • Livestock Equipment

    • Farm Opportunity

Each program has individual borrower criteria and details.




Loans are subject to credit approval.