AG RESOURCE MANAGEMENT COMPLETES RENEWAL OF SECURITIZATION FOR AGRICULTURAL FINANCE SECTOR

Fort Worth, Texas, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ag Resource Management (ARM), a pioneer in crop loan finance and one of the nation's top providers of agricultural lending and risk management services, announced the successful renewal of its variable funding note ("VFN") financing series, Series 2020-1.  The renewal of the $325 million crop loan backed VFN underscores ARM's ongoing commitment to securing efficient capital that enhances its ability to better serve the financing needs of farmers.

"The past two years have been challenging for agriculture, with net farm income declining. Farmers need alternative finance solutions backed by crop collateral," said ARM's Chief Executive Officer, Ralph S. Mason, III. He added, "At ARM, we are here for the farmer in good times and in bad times."

"Ag Resource Management's goal ...