Agricultural Equipment

Welch State Bank takes great pride in serving the agricultural community. Our loan decisions are made locally by people who understand agriculture and understand the importance of agriculture in our local economy. We offer equipment and machinery loans to meet the various needs of production agriculture. New equipment or used, we have terms ranging from months to years and are based on the remaining useable life of the asset. Loan terms of 3 years to 7 years are most common. Monthly, quarterly, semi-annual and annual payments are all available to match your income stream. We also offer Farm Service Agency Guaranteed loans for the purchase of farm equipment. Our down payment requirements can be met from cash or equity in other assets that can be taken as additional collateral. To discuss you plans, call us at any location or by email at agriculture@welchstatebank.com