For many people, a hobby farm offers a serene escape from the hustle and bustle of everyday life. It’s a place to connect with nature, cultivate a passion, and create lasting memories. One California couple, who had owned a hobby farm for 22 years, recently achieved their dream of expanding their property. With the help of Ag Lending Group, they were able to secure the necessary financing to purchase a neighboring property and complete their vision for the perfect retreat.
A Need to be Met
When a neighboring property went up for sale, this California couple knew it was the missing piece to their dream hobby farm. The property featured a beautiful main home, avocado and pomegranate trees, and ample outdoor space. However, securing financing for the purchase proved to be a challenge. Traditional banks, unfamiliar with agricultural real estate, were unable to meet their needs.
Ag Lending Group to the Rescue!
Frustrated by the lack of support from traditional lenders, the couple turned to Ag Lending Group. Recognizing the couple’s passion for their hobby farm and their vision for expanding their property, we were committed to helping them achieve their goal.
With the dedicated support and quick turnaround of Ag Lending Group, the couple secured a $1,000,000 loan package. This financing enabled them to purchase the neighboring property and complete their dream hobby farm. The additional funds also provided the flexibility to invest in future improvements, ensuring their farm continues to evolve and grow.
On Your Side
The story of this California couple highlights the importance of finding a lender who understands the unique needs of agricultural property owners. Ag Lending Group was able to provide the necessary support and expertise to help them achieve their dream of expanding their hobby farm. With their new property in place, the couple can now enjoy even more peaceful moments, create lasting memories, and continue to cultivate their passion for farming. If you are considering development of your own hobby farm, or expanding an existing property, contact Ag Lending Group to get started.