New Breed of Farmer Increases Demand for Farm Loans

Today, ArborOne Financial, the Farm Credit association headquartered in Florence, South Carolina, reported that South Carolina farm loans for young and beginning farmers grew 25% last year, a record uptick in lending to small and beginning farmers that was a large part of ArborOne's own 13.25% growth last year

ArborOne has been providing South Carolina farm loans for over 90 years. According to Don Boice, Vice President of Relationship Managers, "We see a new breed of farmer requiring new financial solutions. These young farmers need flexibility and we're one of only a handful of lenders that can provide South Carolina farm loans and mortgage loans with no limit on acreage."