Farm Credit of Maine: Financial Solutions: Special Options

Special options at a glance

Purpose	For Example...	Key Benefits
Electronic transactions	Direct Deposit Checking	• Fast, easy money management • We deposit funds directly into your checking account from your line of credit. • You never see a check!
	Direct Payment Program	• Fast, easy money management • Just give us a call. We transfer your loan payment from your business checking account and apply it to your Farm Credit loan balance.
Personal draft account	Draftline	• Easy access to your line of credit • Write your own draft whenever you need to make a business purchase (e.g., for seed or equipment)
Special loan programs	Young, Beginning and Small Borrower Program	The demands for capital and financial management make starting a new agricultural business difficult. That's why we offer special loans and financial services to young, beginning and small borrowers with a: • solid business plan • likely potential for success • willingness to work hard
	Guaranteed Loan Program	Farm Credit of Maine is committed to helping people enter agriculture. We'll help you prepare and submit an application for a joint program loan if your financial picture is not all that it could be. With some programs, you'll need to meet conditions to be approved for a loan. *For a Guaranteed Loan Program:* - Farm Services Agency (FSA) - Finance Authority of Maine (FAME) *For a Joint Loan Program:* - Agricultural Marketing Loan Fund (AMLF) - Potato Marketing Improvement Fund (PMIF) - Linked Deposit Program for Agriculture

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