Ag Flex Line
Greater flexibility for capital purchases
Get financing for both daily operations and significant purchases for your agri-business operations—all under one credit balance.
An ideal balance for your loans
With the Ag Flex Line program, you can keep both your interest-only loans and your term loans under one credit umbrella.
Use your existing credit for daily needs
You can continue using your Ag Equity Line of Credit for your daily operational costs, taking advantage of the flexibility of interest-only payments.
Easily finance capital purchases
When you need to finance a significant purchase, you can easily convert part of your Ag Equity Line of Credit to Evergreen Financing where you have the option to select a fixed variable or term loan with longer-term principal repayments.
Customize repayment plans to align with your capital needs and goals.
Simplified finances
Streamline your finances by managing both operating and capital needs under one umbrella.
Efficient working capital management
Optimize working capital by making interest-only payments, and transitioning to principal and interest payments when needed.
Quick access to funding
Make timely decisions with fast and easy access to funds. Use your land to secure one loan and take advantage of the flexibility of accessing the type of financing that suits your purchase.
Features and benefits of converting your Ag line of credit to an Ag term loan
| Interest rates | Variable or fixed |
| Term range | Renewed annually |
| Payments | Connected to an ATB deposit account with automated payments and repayments. |
| Amount | Up to 80% loan to value |
| Must be land secured |
Reach out to your relationship manager to get personalized advice based on your operations. If you're unsure who your relationship manager is, connect with us.
Frequently Asked Questions
The Ag Flex Line program helps you manage both operating and capital expenses effectively. You can use it for day-to-day expenses in a line of credit with interest-only payments, while having the ability to convert a portion of your credit balance into a loan with longer-term principal repayments—you can use this for larger investments like equipment or land.
Ag Flex Line is for established agricultural operations with a history of strong financial management. We take into account the value of your land and your overall financial strength. The borrowing offerings for this program come with annual loan review requirements.
Ag Flex Line removes the need to apply for separate lines of credit and term loans. You can use one credit balance spread across both lending products, each with their own terms.
Your operating account is used to access funds from your Equity Agri Plan Line of Credit to cover operating expenses.
To create a payment plan for a capital purchase, talk to your relationship manager. They can help you convert part of your credit balance into a loan with an Evergreen Financing payment schedule that makes sense for your operation.
You can use it for your everyday farm expenses and—when the time is right—you have the option to convert part of your credit into a loan for larger investments, like new equipment or land.
Here to help you grow
Whether you’ve chosen us as your partner or not, we'd love to learn about your farm and how we can help it grow.