Finance

Financing For Today and Tomorrow
Since 1921, of patrons have taken this cooperative and grown it to what it is today, a financially strong cooperative.  But times have changed and so have we.

Just as buying and selling in collective volumes was the primary necessity for our ‘founding farmers,’ today’s growers have a new need: access to reasonable and farm-friendly financing. Input dollars are vital for staying competitive.  We understand that each farming operation is unique.  Therefore, we are here to provide you with the individualized financing options for each and every operation.

 

Elburn Cooperative Credit Policy:
The Board of Directors has established a net 30 day credit policy for the company.  All product purchases are due 30 days from invoicing, with all spring inputs due as of the company’s fiscal year end June 30. 

 

We are happy to offer accounts to all of our qualified customers, we do ask customers to work within our credit terms.  Credit is a privilege we extend to you our customers and we need to work together for the benefit of all as to the financing of your cooperative and you as producers.

 

Financing Alternatives:
Elburn Coop In-House Financing Program

 

New this year - We offer a Crop Input Loan and Operating Loan program for our patrons. 

 

Call John Husk for more information

 

 

TruChoice® Opportunity Program

 

• Credit program for customers purchasing Pioneer® brand seed products and DuPont approved crop protection products.

 

 

Farm Credit Financing

 

• Allows you to purchase inputs from Elburn Coop for up to one year.
• Secured loan amounts from $5,000 to $100,000.

 

 

Partners in Production

 

• Allows you to purchase inputs from Elburn Coop for up to one year.

• Unsecured loan amounts up to $85,000.

 

For more information on these financing programs, please contact:

 

John Husk
johnh@elburncoop.com
815-899-8964