Build Your Poultry Business with Us

Constructing the poultry farm of your dreams requires money, time and determination. We specialize in poultry construction financing. In fact, we’ve helped hundreds of families nationwide complete the construction process, ultimately enabling them to become successful small business owners.

Live Oak Bank can provide the necessary funding and turn your vision into a reality with the help of our construction loan team. The construction loan team will work with you, the contractor and the engineer throughout the life of your loan. They will collect and monitor your construction-specific documentation, including contracts, the completed construction plan and specifications, insurance and a cost breakdown of the overall project. Together, our teams work to get your construction project up and running so you can focus on your farm.

To learn more about how agriculture construction financing from Live Oak Bank has helped our customers succeed in becoming business owners, download our case study.

Pre-Approval

If you are interested in building a poultry farm, you need three things to get started: A letter of intent from a poultry company, identified land to place the houses and a bank that will finance your project. During this first stage of the process, our team will work to get you approved and determine the best loan terms, rates and budget for your specific farm.

Underwriting

Next, our team will submit a budget with all construction bids and up-to-date documents to a Live Oak Bank underwriter. Your underwriter will analyze the financials to make sure everything is in order. This stage of the process usually takes 48 hours. Once complete, your underwriter will send our credit officers a completed loan package for them to evaluate.

Approval

Once the credit officer has approved the financing request, you will receive a commitment letter that outlines all the details of your loan. The closing team will work with you to order title work, appraisals, life insurance and other business documents. Our closing team works exclusively with poultry growers every day and their knowledge speeds up the process, enabling you to begin construction on your new farm sooner.

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Grower's Guide

The Live Oak Bank New Grower’s Guide outlines how to manage your time, develop a budget and accomplish your financial goals as a new business owner.

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Webinar: What You Need to Know About Poultry Farm Insurance

Listen to our latest webinar on poultry farm insurance best practices.

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