Your Compeer Office
Blue Earth, MN

1700 Gian Drive, PO Bbox 220
Blue Earth, MN 65013
[email protected]

Compeer Client Services

Starter Loans

Starter Loans for Beginning Farmers

Starting your own farming operation can be rewarding, but it also can be challenging. In the competitive agricultural environment, you need a trusted financial and risk management leader. At Compeer Financial, we firmly believe in offering a helping hand to young and beginning farmers and, in turn, helping our rural communities continue to thrive.

From programming to improve your knowledge of farm financial management to providing you with farm loan application assistance, we’re more than just a financial services provider. We’re your partner.

We understand most young and beginning farmers don’t have a long financial track record. Some lenders look strictly at the black and white on the page but, at Compeer, we read between the lines to see you as a whole person with many facets. That’s why we consider other factors that show you have the skills to succeed. We look at previous success in school, community and work experiences, a desire for ongoing education and strong family or partner support. We also look for a responsible attitude toward credit and a demonstration of the ability to repay obligations.

Our starter loans can be used for equipment, operating, land or other purposes. We offer relaxed underwriting standards and reduced loan fee schedules reflecting discounts up to 85%.

By working cooperatively with government programs like FSA and RFA, we secure financing so you can have a strong start to your agriculture career.

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2024 GroundBreaker of the Year

Meet Sawyer Cottrell, a young cattle farmer, business owner, and ag teacher in Illinois, who was named the Compeer Financial 2024 GroundBreaker of the Year.

Beginning with Compeer Grant

As part of the Farm Credit System, it’s our duty to do all we can to help sustain farming as a way of life in the communities we serve. Helping beginning farmers is a vital part of doing just that.

General Use Grant

The General Use Grant Program underscores our commitment to champion the hopes and dreams of rural America.


A Guide to Buying Your First Farm

Learn more about buying your first farm.


Beginning Farmer FAQ

Learn more about becoming a beginning farmer.

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