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On the Spot Loans (OTS)

[Requirements]    [Features & Benefits]   [Frequently Asked Questions]   [Interest Plans]

On the Spot Loans (OTS) offer a streamlined approach that enables our clients to receive a decision in less than an hour. This program is eligible to full and part time farmers, partnerships, corporations, and other legal entities. OTS enables growers and producers to receive money literally on the spot!

Requirements Needed for an OTS Loan Application

The following criteria must be met by the applicant in order to be considered for an OTS loan:

• You must be a part or full time farmer, partnership, corporation, or other agriculture producing legal entity.
• Must have the ability to generate at least $500 of Annual Gross Income from their farming operation.

Features & Benefits

Feature	Benefit
Can be used for any of our loans. Requires very limited financial information during the application. One page, 30 question application form. It can be administered by fax.	Quick, convenient application/approval/disbursement process (less than one hour start to finish).

Frequently Asked Questions

Question	Answer
How long will it take for me to get and answer once I request a loan?	Once the application is completed the branch will the request into a computerized database. Once that occurs the expected turn around time is 15 minutes.
How much information is needed in order to process a request?	One of the true benefits of the program is the speed in which the request is processed; that can be attributed to the limited mount of information that is required. The only financial information needed is gross farm income, non- farm income, total assets, and total liabilities. The whole application is one page in length.
How many OTS loans can I have?	Each customer is allowed 5 loans or up to $500,000.

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Interest Plans

Loan Type	Pricing Options	Loan Options	Other Requirements
Operating Loans Apply Now	Variable Rate Prime Indexed 1 Year Adjustable 1 Year Fixed	Budgeted lines Revolving lines of credit Flexible disbursement options Up to 3 year maturities Payment terms tailored to your needs Loan closing in as little as 30 minutes	Must meet cutoff score $100,000 loan max
Term Loans Apply Now	Variable Rate Prime Indexed Adjustable rate (1, 2, 3, or 5 year repricing period) Fixed Rate	3, 5, or 7 year maturities New or used equipment/vehicles Capital improvements Monthly, quarterly, semiannual, or annual payments Loan closings in as little as 30 minutes	Must meet cutoff score $100,000 loan max
Mortgage Loans Apply Now	1, 3, and 5 year Adjustable Rate 10, 15, and 20 year Fixed rate 1 and 3 year Indexed ARM Variable Rate	Purchase or refinance of real estate Real estate improvements 10 to 30 year terms Monthly, quarterly, semiannual, or annual payments Conditional loan approval within 30 minutes	Must meet cutoff score and have 85% or less loan to Value $100,000 loan max
Credit Desk Plus Term Apply Now	Variable Rate Prime Indexed Adjustable Rate Fixed Rate	3, 5, or 7 year maturities New or used equipment/vehicles Capital improvements Monthly, quarterly, semiannual, or annual payments Conditional loan approval within 30 minutes	Must meet cutoff score varied collateral standards by score $200,000 loan max
Credit Desk Plus Mortgage Apply Now	1, 3, and 5 year Adjustable rate 10, 15, and 20 year Fixed Rate 1 and 3 year Indexed ARM Variable Rate	Purchase or refinance of real estate Real estate improvements 10 to 30 year terms Monthly, quarterly, semiannual, or annual payments Conditional loan approval within 30 minutes	Must meet cutoff score varied collateral standards by score $250,000 loan max

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