Accessing the right financial resources for agricultural endeavors is crucial for farmers, ranchers, and farm-related service businesses. The AgDirect Application form serves as a gateway for those in the agricultural sector looking to purchase, lease, or refinance machinery and equipment. This comprehensive application accommodates a wide array of financial needs, from individual to joint credit applications and from small-scale purchases to large leases and refinances. Applicants are required to provide detailed information, including entity structure, identification numbers, contact details, farming specifics, and citizenship status. Additionally, the form delves into financial specifics such as gross farm income and net non-farm income, all aimed at assessing eligibility and the fit of the requested financial product. The form also covers asset description, including machinery, equipment, and irrigation, along with terms of credit, signifying the program's flexibility to fund a range of agricultural capital needs. Completing the AgDirect Application is the first step towards securing tailored financing solutions designed to support the agricultural community's diverse demands, ensuring they have the necessary tools and resources to thrive.
Question | Answer |
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Form Name | Agdirect Application Form |
Form Length | 2 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 30 sec |
Other names | ag direct finance interst, form 8437, agdirect form, ag direct app |
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FORM 8437 |
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Financing Application (choose one): |
Purchase |
Lease |
Refinance |
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Fax Application to: |
(402) |
www.agdirect.com |
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Processing Center: (888) |
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Please indicate your application intentions by checking the appropriate box: |
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Individual Credit |
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Joint Credit |
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*Dealer Name: |
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City/State: |
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Salesperson/Contact |
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*Entity Applicant (If no Entity involved proceed to Individual Applicant #1 Box)
Entity Structure |
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Limited Liability Company |
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Corporation |
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General Partnership |
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LLP |
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Trust |
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Other:_________ |
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ID Number (TIN): |
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Headquarter State/County: ____________________ |
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Entity Name: |
___________________________ |
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Signer First Name: |
__________________ |
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Middle: ___________ |
Last: |
______________________ |
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Title: |
_____________ |
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Address: |
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City: |
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State: |
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Zip Code: |
_____________ |
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County: |
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Home Ph: |
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Business Ph: |
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Year Began Farming: |
_______ |
Primary Ag Product: ______________ |
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Is applicant a U.S. Citizen, foreign national with E2 Visa, or U.S. formed legal entity? |
Yes |
No |
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Eligibility of Applicant (choose one): |
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Farmer/Rancher |
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Farm Related Service Business |
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Other |
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What is the range of Gross Farm Income? |
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Does at least 50% of the business income originate from |
Is Applicant associated with Ag in some capacity? |
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$1 – $10,000 |
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farm service? |
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Yes |
No |
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$10,001 – $25,000 |
$25,001 – $50,000 |
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$50,001 – $100,000 |
$100,001 – $250,000 |
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Yes |
No |
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$250,001 – $500,000 |
$500,001 – 1,000,000 |
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> $1,000,000 |
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What is the range of Net |
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Does asset being financed support the farm service |
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$1 – $10,000 |
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income? |
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$10,001 – $25,000 |
$25,001 – $50,000 |
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Yes |
No |
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$50,001 – $100,000 |
$100,001 – $250,000 |
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$250,001 – $500,000 |
$500,001 |
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> $1,000,000 |
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*Individual Applicant #1
ID Number (SSN): __________________ **Applicant’s first, middle & last name MUST match the name shown on his/her current driver’s license**
First: __________________ |
Middle: |
______ |
Last: __________________________ |
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Address: |
________________________________ |
City: |
______________________________ State: |
_____ |
Zip Code: |
_______ |
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County: |
____________________ |
Home Ph: |
_____________________ |
Cell Ph: |
_____________________ |
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Date of Birth: _________________ |
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Year Began Farming: _______ |
Primary Ag Product: |
_______________ |
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Is applicant a U.S. Citizen, foreign national with E2 Visa, or U.S. formed legal entity? |
Yes |
No |
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Eligibility of Applicant (choose one):
Farmer/Rancher
What is the range of Gross Farm Income?
$1 – $10,000 |
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$10,001 – $25,000 |
$25,001 – $50,000 |
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$50,001 – $100,000 |
$100,001 |
– $250,000 |
$250,001 – $500,000 |
$500,001 |
– $1,000,000 |
> $1,000,000 |
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What is the range of Net
$1 – $10,000 |
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$10,001 – $25,000 |
$25,001 – $50,000 |
$50,001 – $100,000 |
$100,001 – $250,000 |
$250,001 – $500,000 |
$500,001 – $1,000,000 |
> $1,000,000 |
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Farm Related Service Business
Does at least 50% of the business income originate from farm service?
Yes No
Does asset being financed support the farm service income?
Yes No
Other
Is Applicant associated with Ag in some capacity?
Yes No
*Individual Applicant #2
ID Number (SSN): __________________ **Applicant’s first, middle & last name MUST match the name shown on his/her current driver’s license**
First: __________________ |
Middle: |
______ |
Last: |
__________________________ |
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Address: |
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________________________________ |
City: |
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______________________________ |
State: |
_____ |
Zip Code: |
_______ |
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County: |
____________________ |
Home Ph: |
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_____________________ |
Cell Ph: |
_____________________ |
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Date of Birth: _________________ |
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Year Began Farming: _______ |
Primary Ag Product: |
_______________ |
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Is applicant a U.S. Citizen, foreign national with E2 Visa, or U.S. formed legal entity? |
Yes |
No |
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Eligibility of Applicant (choose one): |
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Farmer/Rancher |
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Farm Related Service Business |
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Other |
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What is the range of Gross Farm Income? |
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Does at least 50% of the business income originate from |
Is Applicant associated with Ag in some capacity? |
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$1 – $10,000 |
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$10,001 – $25,000 |
$25,001 – $50,000 |
farm service? |
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Yes No |
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$50,001 – $100,000 |
$100,001 – $250,000 |
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Yes |
No |
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$250,001 – $500,000 |
$500,001 – 1,000,000 |
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> $1,000,000 |
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What is the range of Net
$1 – $10,000 |
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Does asset being financed support the farm service |
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$10,001 – $25,000 |
$25,001 – $50,000 |
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income? |
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$50,001 – $100,000 |
$100,001 |
– $250,000 |
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$250,001 – $500,000 |
$500,001 |
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Yes |
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No |
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> $1,000,000 |
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1
FORM 8437
*Asset Description
Machinery/Equipment
Irrigation
Titled Equipment
Year |
Equipment/Make |
Type |
Model |
Serial # |
$ Price |
*Enter address of where equipment will be located.
Legal Description (Only required for Pivot Irrigation)
Qtr:___________ Sec:_____________ Twp:________________ Rg:__________________ County:_________________ State:______________
Real Estate Owner:__________________________ Lienholder Name:____________________
*Terms
Credit Purpose
Interest Rate____%
Term ____(months)
Total Sales Price
Soft Costs (Irrigation Only)
Trade Allowance |
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Trade In Payoff |
AgDirect |
Cash Down Payment
Total Amount Financed
Agricultural |
Commercial/Business |
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Fixed |
Variable |
Special Program |
$__________________
$__________________
$__________________
Other $__________________
$__________________
$___________________
Payment Frequency |
Monthly |
Quarterly |
Desired 1st Payment Date______/01/______
Semi Annual
Annual
Harvest Pay
Lease Only
Requested Residual %______ Hour Limits_______
Equipment Location ___________________________
Is additional applicant: |
Guarantor |
Comments/Other Assets:
Signature________________________________
Dealer has provided the Applicant Disclosure and Authorization (Form 8412) to Applicant(s).
If this application is approved and financing is provided by Dealer pursuant to a retail installment contract acceptable to Farm Credit Services of America, PCA, Dealer hereby offers the retail installment contract for participation under the Master Participation Agreement between Dealer and Farm Credit Services of America, PCA.
AgDirect is an equipment financing program offered by Farm Credit Services of America and the partners of AgDirect, LLP
NOTE: All faxed applications and all Lease applications must be accompanied by a photocopy of each individual Applicant’s driver’s license or state issued ID.
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