Private Money Agricultural Land Loans for California Properties

Written by Posted On Thursday, 31 January 2019 09:25

California agriculture production ranks in the top 10 worldwide.  It is a huge segment of our economy, but financing for agriculture land is severely lacking.  Over 7% of California's private sector labor force is in the agriculture industry, yet owners of ag land in need of financing often times have very few options.   We are able to help in this niche, offering private money agricultural land loans for California properties.

The agriculture land loans we are able to assist with are different than many other private loan sources.  For one, we are able to leverage up to 70% loan to value on agricultural land.  Whether the land is producing income currently, or the funding is required to start an income stream, we have options to assist.  In addition, we can help regardless of whether there are structures on the property or not.  Out buildings, small residences, even yurts are acceptable.

In California, the agriculture industry is wide and varied.  We can help with raw land, vineyards, almond groves, avocado, citrus and other fruit orchards, row crops, nurseries, horse properties, even timber and cattle properties can fit.  Use these loans to tap equity to grow the existing business, start an income stream or even adjust the existing rate and term.  

Most private money loans for land are short term.  1-5 years max.  For these agriculture specific loan products, however, we have options that can be put on 30 year terms.  Fixed rates and adjustable rates are available.

Qualification is credit sensitive to a point.  Typically, we are looking for mid to high 600 credit - but exceptions are available with compensating factors.  This is especially true for properties that are currently generating income.  With that being said, all scenarios are worth exploring.  We are also able to help with other land loans - lot developments, large scale developments, unique land parcels and more.  When the agriculture component is removed, however, our loan to value ratio is typically going to be less - usually 50% max.  You can learn more about these loans on our California land loans page.

Give us a call to learn more, 877 462 3422.  We are happy to discuss these exciting products that can help acquire, expand or recapitalize your agriculture business!

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Chris Goulart

I specialize in California private hard money loans.  These are non-institutional financing options for business and investment purposes.  I can help with most property types in California.  Most of the loans we can assist with are equity based.  We are not typically credit driven.  Our loans include long term options as well as short term bridge loans, construction, rehab and unique financing options that the banks may not be willing to provide.

www.acalending.com

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