Verified FBN Member (CO)

Business

Has anybody done an FBN Finance operating loan?

If so is there any difference compared to traditional bank operating loans or information you have to provide?

20


Verified FBN Member (IN)

Very fast and simple process getting the loan

1

Verified FBN Member (CO)

Did you have to provide any documents or information that was different from traditional loans.

Verified FBN Member (TX)

FBN finance is a joke. Finally admitted no one gets that interest rate they advertise

8

Verified FBN Member (KS)

We got the advertised rate on a land loan last year…

Verified FBN Member (OH)

We have now closed on two Land refi's and a operating loan for the 2022 year all at the advertised rates. The hoops to jump through for the ...

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Verified FBN Member (NE)

Yes, we did a loan last week.

The advertised interest rates are generally not available. The process took 5 weeks and it was poorly setup....

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2

Verified FBN Member (MN)

Fbn do you have a reply to this comment? Is that true no one gets the interest rate you advertise?

1

Verified FBN Member (ND)

Rates float. And don't lock until right close to closing. When our loan originator hit the enter key to lock it we got a 3.54% instead of ...

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Verified FBN Member (CO)

Can’t speak to the operating loan but did a land loan with them. Process was very similar to going through any other bank that we’ve used. I...

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1

Verified FBN Member (VA)

Process was easier than local farm credit. Local farm credit requires copies of our tax returns for the current year, so it's always a rush ...

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2

Verified FBN Member (CO)

Will this be your only operating loan?

Verified FBN Member (VA)

We've also got a few credit lines through fertilizer and chemical dealers. But otherwise yes this will be the only operating loan

1

Verified FBN Member (PA)

They don't communicate very well. Otherwise no issues

1

Verified FBN Member (ME)

I agree they could do better on communicating and I didn’t get the advertised interest rate but it was close to it and I have over 800 credi...

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Verified FBN Member (ND)

This is the first year I got an FBN operating loan. I am using this as well as the traditional bank loan. The process was fairly simple. ...

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1

Verified FBN Member (CO)

That is good to hear. I know someone I talked to said they over coloratorlize

Verified FBN Member (IN)

They are a joke in my opinion. I have sucessfully farmed 50 seasons. I was in a large land partnership which I now completely own. My Mothe...

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1

Verified FBN Member (CO)

I had that thought too that they would not work with you or understand like a traditional local bank might

Verified FBN Member

Hi Everyone, I’m Dan English, the General Manager of FBN Finance. Many of FBN Finance’s customers receive the lowest rates advertised. Very...

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Verified FBN Member (IN)

You got my feedback😡

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