Revolving Line of Credit
Cash with Flexibility
Take advantage of our limited-time special introductory rates and get access to our Revolving Line of Credit (RLOC) Services.
Managing your operations’ cash flow can be a juggling act. As a farmer or rancher, you lay out a steady stream of cash for things like feed, fuel, repairs, and supplies on a regular basis. Income may only occur when crops are harvested or livestock are sold. This mismatch between ongoing costs and delayed revenue can often strain your farm’s finances and ultimately limit your profitability. That’s where Farm Credit of Southern Colorado’s RLOC, or a revolving line of credit, services come in.
An RLOC can provide the flexibility you need to smooth out cash flow gaps. With an RLOC from FCSC, you gain access to funds up to a pre-set limit, much like having a credit card. As you withdraw money to cover farm expenses, your available credit decreases. But as you pay back the principal, that credit becomes available to access again.
Farm Credit of Southern Colorado makes it easy for you to access a line of credit whenever you may need it. Our Operating Lines of Credit are structured for flexibility and simplicity to make your operation run as smoothly as possible. Let’s make your money work for you.
Advantages of a Revolving Line of Credit
You pay interest on only the amount borrowed, not the full credit line. This keeps costs low.
There’s no fixed repayment schedule. You can draw and repay funds as needed to match your operation’s cash flow cycle.
It provides quick access to money to cover both planned and unexpected costs without needing loan approval each time.
You can use it to finance operating expenses throughout the year, such as feed, seed, veterinary bills, machinery repairs, and more throughout the year.
It allows you to pay upfront costs before receiving payment on crop or livestock sales.
Interest rates are competitive and based on your creditworthiness.
Ready to grow your agricultural operations with confidence and flexibility? Let’s get started.
With an RLOC from our Farm Credit of Southern Colorado cooperative, you gain the flexibility to keep your farm finances flowing smoothly all year long.Contact us today and take advantage of our limited-time special introductory rates to keep your operation running smoothly.
