Grain & Livestock Markets www.farmrwa.com
 

Services:
Education/Seminars: Throughout the year, we offer education to our producers through marketing seminars and other educational opportunities.
Hedging/Risk Management: We focus on and understand hedging and risk management strategies. 
Finpack: This full service financial software allows us to perform cash flow projections, what if hypothetical scenarios, and full year end financial analysis of your ag business.
 
Loan Products:
Real Estate/Livestock Facility Loans: To help purchase land, buildings, or make improvements to existing assets.
Merchant Cash Advance: Borrowing against your future accounts receivables also known as invoice factoring or business cash advance. Examples include Entrust MCA, Elite Merchant Funding, Green Capital Credit.
Long Term Fixed Rate Loans: Used for real estate, machinery, equipment and various other mid - term financial needs. 
FSA Guaranteed Loans: A program for young and beginning farmers or operations with higher risk. These guarantees are available for operating lines of credit and term loans. Some operations may also qualify for interest assistance.
Rural Finance Authority/ Aggie Bond Loans: Programs to help young and beginning farmers, and those in need of debt restructure.
Ag BMP (Best Management Practices) Loans-Septic Systems: Provides low interest financing to farmers, rural landowners, and agricultural supply businesses to implement practices that prevent water pollution or help to reduce existing water quality problems. CLICK HERE to full brochure information.
 

 

Lending Staff
 

Contact: Mike Budach, Ag Lender, 507-373-1945
Mike has many years of Ag Lending experience in Southern Minnesota. He graduated from University of Wisconsin-River Falls with a degree in Business Administration and a minor in Ag Business. Through his education and 17 years working with every facet of his family’s agricultural based business, Mike has the experience you need to help in all aspects of Ag financing. He also has over 7 years of Ag finance in community banking, and has a very good reputation in serving customers in the Waseca and Freeborn counties. 




Contact: Peter Scheffert, Ag Lender, 507-863-2371
Peter has 25 years of farm business management experience in southern Minnesota. He is a farm kid from Waseca and a graduate of the University of Minnesota in Ag education/Ag economics. He has worked one on one with farmers through the Minnesota Extension Service, Farm Business Management Program and Minnesota Rural Finance Authority. Put his experience and knowledge to work for you to help implement a successful financing program for your farm operation. 

 

 

Contact: Amy Schmidt, Ag Lender, 507-863-2371
Amy grew up on a diversified livestock and crop farm in South Dakota. She is a 2004 Graduate of South Dakota State University where she received her Bachelor of Science degree in Animal Science. Amy and her husband own and operate a cattle operation in Freeborn County. Prior to working at FSB she worked in the animal pharmaceutical side of the Ag industry for 4 years. She began her career at Farmers State Bank at the Freeborn Branch in the loan department in 2008. Amy’s strong interest of agriculture makes her a valuable member of the Ag lending team. She looks forward to working with you to obtain your financial goals.