In July and August, John Kim Financial has been working with poultry farmers and new farmers. We have closed two poultry farm purchase loans to new farmers in July and early August. Both are chicken grower farms located in south Georgia nearby Macon and Columbus Georgia. One farm has 6 houses for $1M purchase price and the other farm has 8 houses with $1.5M purchase price, and both secured new poultry supply agreement with Tyson Food Inc.
The farm houses are more than 10 years old and some equipment upgrade was required when my clients take over the farms. Our clients are looking for almost 85% project cost financing for farm purchase, equipment upgrade and working capital including closing cost.
We have secured all money our clients asked, and we could close the two farm loans within 6 weeks, and they are now new poultry farm owners.
We also have a couple of farm purchase loan closings scheduled in next few weeks, and we are working new farm construction financing for our client who wants to grow the farm business.
If you have any question on Poultry Farm Loan and any SBA and commercial loans, feel free to email via johnkimfinancial@gmail.com.
JohnKim Financial 