We've cultivated great relationships with generations of farmers through our Ag Loans
At North Salem State Bank, we know agriculture is deeply rooted in our Central Indiana communities. Whether you grow crops or raise livestock – and whether you're adding acreage or acquiring farm equipment – our experienced lending team is ready to help you get the financing needed to keep your operation going strong1. We offer:
- Operating lines of credit
- Farm production and livestock loans
- Machinery and equipment loans
- Real estate loans, including Farmers Home Administration (FmHA) loans
Agricultural Leasing
For some big-ticket items – such as equipment, machinery and vehicles – farm operations and agri-businesses may find leasing more cost-efficient than purchasing.2
- North Salem State Bank financing covers 100% of the cost of leased equipment
- Our flexible terms allow you to match lease payments with your seasonal cycles and cash flow
- Our rates are competitive, and credit decisions are made quickly
- We don't charge termination fees or prepayment penalties
- We never frontload leases with more than just the first payment
Need more information?
North Salem State Bank offers Ag Loans so you can focus on business growth. Visit a Central Indiana branch so we can discuss your agricultural loan needs.
1 - Subject to credit approval upon qualification
2 - Equipment financing is provided by BB Community Leasing Services, Inc. North Salem State Bank and BB Community Leasing Services, Inc. are separate legal entities, which are not affiliated with each other in any way by common ownership, management, control, or otherwise. North Salem State Bank makes no representations or warranties as to the suitability, accuracy, completeness, or timeliness of the information provided by third parties. BB Community Leasing Services, Inc. equipment financing is subject to lessee credit, collateral, and vendor approval. Restrictions may apply.
2 - Equipment financing is provided by BB Community Leasing Services, Inc. North Salem State Bank and BB Community Leasing Services, Inc. are separate legal entities, which are not affiliated with each other in any way by common ownership, management, control, or otherwise. North Salem State Bank makes no representations or warranties as to the suitability, accuracy, completeness, or timeliness of the information provided by third parties. BB Community Leasing Services, Inc. equipment financing is subject to lessee credit, collateral, and vendor approval. Restrictions may apply.