Poultry Farm Improvements for Your Future

If you’re ready to update your current poultry farm, a poultry house retrofit can significantly improve your operations. Technology is at the center of many retrofit projects. Implementing new technology can make it easier for you to maintain your houses and optimize bird production. Some of the upgrades that you can make to your farm include installing new feeders, making ventilation upgrades and purchasing improved controllers. All of these can work to your benefit by helping ensure proper health and nutrition of your birds. Not only will this keep you compliant with industry regulations, but it will also ensure that your birds reach an optimal weight in the shortest amount of time.

When you invest in retrofitting your poultry houses today, you ensure that your business sustains itself into the future and that it remains relevant and producing at an efficient rate. The more efficient your business is, the more profit you are likely to see in the long-term. Our poultry farm retrofit loans can help you get there.

Pre-Approval

During this time, our team will work to get you approved and determine the best loan terms, rates and budget for your retrofit. To qualify you, we will need construction bids and tax returns from your existing farm to determine how the retrofit will increase your farm's performance.

Underwriting

Next, our team will submit a budget with all up-to-date documents to a Live Oak 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 will outline all the details of your poultry retrofit 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 upgrades on your farm as soon as possible.

We're ready when you are
Connect with a Loan Specialist

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.

Access Now

Webinar: What You Need to Know About Poultry Farm Insurance

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

Listen Now

Our Agriculture Team
understands
your business.


From our Agriculture Resource Center