Author Archives: FNB

Direct Deposit: Benefits and How It Works

Direct Deposit: Benefits and How It Works

Perhaps you have already heard about direct deposits or used them at some point in your life. Direct deposit is an electronic payment method that allows individuals and businesses to transfer funds directly into another person’s bank account. Most employers use it for payroll transactions because the process is simple, quick, and convenient. However, you […]

Considerations for Making the Best Equipment Financing Decision

Considerations for Making the Best Equipment Financing Decision

The success of a farmer and any agriculture-related business depends on their ability to use the right farming tools and equipment. However, acquiring the best agricultural equipment is not easy financially, necessitating thorough equipment financing considerations. According to Grand View Research, the size of the world market for agricultural equipment was estimated at $155.68 billion […]

Top Lending Options for Agricultural Businesses

Most agricultural producers rely on farm loans to grow their businesses. Farm loans come in different forms, but generally, these loans provide liquid assets, which farmers use to buy inputs, equipment, land, and  livestock.  Whether this is your first time applying for a loan for an agriculture business or the tenth, knowing the top lending […]

What Are Farm Equipment Loans?

Equipment Loans

If you need to purchase a tractor, harvesting equipment, or a high-technology fertilizer planter, farm equipment loans can provide the financial assistance you need. They are an excellent way to take advantage of the latest technological advances in agriculture while preserving your cash flow. As a farmer or agricultural producer, you’ll need several types of […]

What is a USDA Loan?

USDA Blog post image

If you’re wondering, “what is a USDA loan?”, there are a few different categories, including commercial loans, farm/ranch loans, and home mortgages. This article will provide an overview of USDA commercial loans, including how they work, who qualifies for them, and what benefits they bring.  How Does a USDA Commercial Loan Work? USDA commercial loans […]