Farm operating loans with High Plains Farm Credit provide you with working capital to keep your farm or ranch running through seasons and cycles of agriculture. Operating lines of credit can cover input costs, operating costs, labor costs, and equipment expenses.

Working Capital, When You

Need It

Working Capital, When You Need It

Farming and ranching are cyclical, but your access to working capital shouldn't be. At High Plains Farm Credit, our agriculture operating lines of credit give you the power to manage daily expenses, make timely purchases, and take advantage of opportunities as they arise. 

You decide when and how to use your funds. We just make sure they're there when you need farm operating loans.

Wheat field at sunset with irrigation system in Kansas, representing flexible farm operating loans and ag lines of credit.

What Can an Operating Line of Credit Cover?

Input Costs

Keep things running smoothly with necessary chemicals, fertilizers, pesticides, seeds, feed, and fuel.

Operating Costs

Pay for essentials such as rent, insurance, and taxes.

Labor Costs

Ensure proper care of your workforce with funds for wages and benefits.

Equipment Expenses

Prepare for both routine maintenance and unexpected machinery repairs.

What Are the Benefits of a Farming Line of Credit?

Flexibility

Use collateral that works for your operation, such as crops, livestock, equipment, or receivables.

Convenience

Access funds via check draft or mobile deposit.

Ownership

As a member-owned cooperative, you share in our earnings through patronage dividends.

Freedom

Operate your farm, ranch, or agribusiness your way, with support from a trusted lender.

Operating Loans That Go Beyond the Credit

Your Cooperative, 100% Committed to Agriculture

At HPFC, we pride ourselves on making the right decision for your operation and not for the bottom line of the association. These local decisions provide a quick turnaround and greater flexibility for your operation.

When you borrow from High Plains Farm Credit, you're more than a customer; you're a customer-stockholder. We return profits to you, not to shareholders, through our patronage program. 

You also get: 

  • Local decision-making

  • Quick turnaround times

  • Loan officers who understand farming

  • Flexible, needs-based lending solutions

Why Choose HPFC for an Ag Line of Credit?

  • Over a century serving agriculture

  • Locally owned by the farmers and ranchers we serve

  • Competitive loan rates and personalized terms

Frequently Asked Questions About Operating Lines of Credit

An operating line of credit is available to provide loan funds to support a farm, ranch, or agribusiness throughout the operating cycle.

It can be used to cover expenses for input costs, labor costs, equipment payments, real estate payments, livestock, and other necessary expenses.

At HPFC, an operating line of credit works differently than at your local bank. Typically, our operating loans have drafting privileges that allow a borrower to get access to their line through writing bank drafts directly for the operating expense. As you sell your crops and livestock, the line of credit is paid down with the sales.

You’ll save time and money spent on interest without the need to call the bank every time you transfer funds between the operating loan and your checking account.

Operating loans can be paired with online banking, which allows for mobile deposits that make the process of accessing funds even simpler. All that’s required to receive almost instant credit is to upload a photo of the check for deposit to our mobile banking platform.

Revolving lines of credit are the most common operating loans at High Plains Farm Credit. They have a specific loan amount, but not a total disbursement limit.

This type of loan is like a credit card. Any time the operating loan is paid down, the funds become free to cover other operating expenses.

HPFC operating loans are priced at a variable interest rate. The balance on loans changes daily, allowing producers the ability to only pay interest on funds that are needed at a specific time.

While operating lines of credit typically are not used to purchase real estate, HPFC has extensive real estate loan options designed for this specific purpose.

Yes. Common forms of collateral include:

  • Crops and livestock
  • Farm equipment
  • Inventory and receivables

Excess deposits are held in a cash collateral account, which is drawn before the line of credit itself. HPFC pays competitive interest on those funds.

Usually, the following documents are required to obtain an operating line of credit:

  1. Loan application
  2. Financial statements
  3. Tax returns and/or projected cash flow
  4. Additional information, depending on the specifics of the operation
Rows of young green crops growing under a clear Kansas sky symbolize working capital through farm operating loans and credit.

Ready to Get to Work With High Plains?

The Process Starts Here:

  1. Contact our team today!
  2. Submit a farm operating loan application and documentation with the help of local loan officers.
  3. Get to work with the freedom to operate your way.