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Beginning Farm Loans

Get started with your own farm.

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New farmer holding a sprout.

As a new farmer, you deserve the best opportunity to set your farm up for success.

Our Ag Banking Officers work with you to build a relationship and help provide financing solutions as you expand your agribusiness. From new crop loans to livestock funding and beyond, let's start growing the farm of your dreams.

Additionally, Magnifi Financial partners with various agencies to obtain ideal financing and low-cost solutions for your agribusiness' needs. Participation in these agencies helps provide cost-effective solutions for your farm. Some of the Magnifi Financial agency partnerships include:

  • Farm Services Agency (FSA) - Magnifi Financial is a preferred lender with FSA
  • MN Dept of Ag (Rural Finance Authority)
  • MN Dept of Ag (Ag Best Management Practices (BMP) program)
  • Farmer MAC
  • Small Business Administration (SBA) - Magnifi Financial is a preferred lender with SBA
  • U.S. Department of Agriculture (USDA)


Competitive Rates

As the largest Ag-lending credit union in Minnesota, we are able to provide our Agribusiness members with low loan rates.

Low Fees

Magnifi Financial has very competitive terms for farmers which include low fees. We make sure you're comfortable with all of the terms of your loan.

Customized Options

Our local Ag Banking Officers work directly with you to build a relationship and help determine the right solutions for your new farm.

A new farmer deserves the best

Our Ag Banking Officers will help you finance your new farming operations. No matter the type of farm you want, our agribusiness lenders offer guidance throughout the entire process to get you on track to your goals.

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Livestock Purchase

Crop loans icon

Crop Financing

Ag Real Estate loans icon

Real Estate Purchase

Equipment purchase icon

Equipment Purchase

Get Started

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Contact Us

Fill out our online form with some information about your agribusiness and the products or services of interest. Your local Ag Banking Officer will be in touch within 1-2 business days.

Contact Us

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Locate a Branch

You can open an account or loan at any Magnifi Financial location. Each location has a designated Ag Banking Officer, but we recommend you call ahead to make an appointment.

Branch Locations

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Call Us

We have a dedicated phone line for business members which will help you reach someone who can help faster and save you precious time.

(833) 267-7321

Agribusiness Loan Options

Check out some of the other Ag loan options available with Magnifi Financial:

Livestock loans icon


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Crop Loans icon


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Ag Real Estate loans icon

Ag FSA Loans

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Beginning Farm loans icon

Real Estate

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Facility Construction

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Additional Products and Services for Agribusinesses

Check out all of your other options you can utilize with Magnifi Financial's suite of business products and services! Our Ag team will work with you individually to ensure you're on track to reaching your agribusiness goals.

Agribusiness Accounts

Store, save and spend your hard-earned cash with checking accounts, Money Markets. and more.

Digital Banking

Efficiently manage your business finances anywhere and on any device with access to a suite of cash management services.
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Join the Magnifi Family!

At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.

Am I Eligible? Become a Member