Financing

For term loans the AFF, Compeer, and DIGS Associates servicing teams will reach out to the applicant for the purchase agreement, certified drainage design, and proof of funds for down payment.

For operating loans the AFF, Compeer, and DIGS Associates servicing teams will reach out to the applicant for a copy of their driver’s license and executed business transaction which the operating line was approved for. The client will then be set up with banking access to disburse funds.

The drainage materials.

Under $250k, we use a springing lien.

Between $250k and $500k, we take a best available lien.

Between $500k and $1m, we take a first position lien.

Crops, livestock, and machinery may all be used as security.

There are no origination fees for the loan. However, part of the underwriting process for loans requires the borrower to submit an engineered drainage plan certified by DIGS-Pinion Land Advisory.  Please contact the DIGS-Pinion team for pricing.

Evergreen Bank acts as lender, and Compeer Financial acts as servicer. Evergreen Bank is a commercial bank chartered in Illinois. Compeer Financial is a $30bn+ Farm Credit bank servicing territories in Minnesota, Wisconsin, and Illinois. Together, we combine the power of technology, agricultural experience, and capital to provide an unparalleled user experience.

Yes – we support all types of borrowers, including individuals, corporations, trusts, LLCs, and even public entities such as drainage districts

All 50!