(PRWEB) April 24, 2015
Farm Credit of the Virginias, a financial cooperative serving farmers, ranchers and rural homeowners in Virginia, West Virginia and Maryland recently announced that Scot Lilly, a Harrisonburg native and resident, will assume responsibility as Program Manager for Farm Credit Express.
Working from the organization’s Harrisonburg office, Lilly will work with equipment dealers in the Farm Credit of the Virginias territory to deliver point-of-purchase financing for area farmers. The program is poised to grow well beyond the current 11 participating dealers
“Farm Credit Express offers convenience to our farmer customer-owners,” says Lilly. “Instead of needing to visit a bank or their Farm Credit office, they’re able to apply for a Farm Credit loan and sign the papers to purchase equipment right at the dealership. The process is convenient, fast and helps them focus on what they do best - farming.”
Farm Credit Express loans offer flexible terms and competitive rates. The loans are serviced by the local Farm Credit branch offices and get assigned to your loan officer if you’re already a Farm Credit member
Lilly has been with Farm Credit of the Virginias for 18 years, after working for four years for another Farm Credit organization. He earned a bachelor’s degree in Agriculture and Applied Economics from Virginia Tech.
Farm Credit of the Virginias is part of the Farm Credit System, a national network of lending cooperatives established almost 100 years ago to serve the financial needs of agriculture and rural America. The organization currently counts more than 10,000 farmers, ranchers and rural homeowners among its customers, each of whom is also an owner of the cooperative.
“Agriculture is such an essential industry, and it’s full of wonderful people,” says Lilly. “The integrity of our customer-owners makes working with them extremely rewarding.”
About Farm Credit of the Virginias
Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them. Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending, expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center. For more information, visit http://www.FarmCreditKnowledgeCenter.com or http://www.FarmCreditofVirginias.com.