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Franklin State Bank

Agriculture & Business


It’s long hours. It’s days filled with maintaining equipment or fences or animals, and sometimes all of the above. It’s not just a job, it’s your way of life. So, it is safe to say that your banking and financing should make your life easier, right? That is what we strive for at the Franklin State Bank. We believe in partnering with you to help build and improve your business and the local agriculture community. Lending decisions are made right here, by the people who really care to know you, and build your trust.

Line of Credit

As your farm operation develops, there may come a time when you need additional working capital to manage your cash flow; funds to purchase seed and chemicals, or to acquire livestock. Line of Credit financing is typically annually renewable with competitive variable interest rates in which are usually secured machinery, crops, or equipment. We understand what it takes for an operation to develop and be successful.

  • Everything is personalized to your business' needs
  • Experienced bankers to partner with
  • Local decision-making and in-house processing
  • Service and attention of the highest quality
  • Competitively priced lines of credit

Farm Real Estate Loans

Are you looking to expand your footprint, or add to your existing set up? Whether it is financing an acreage, making improvements to farmland, or adding agricultural structures, the Franklin State Bank has the experience and financing options that are flexible to your needs.

  • Acreages
  • Farmland
  • Hunting grounds
  • Livestock facilities

Equipment Loans

Looking to replace a piece of equipment or add to your machinery? Your equipment needs to be able to work as hard as you do. For whatever you need, from tractor and combines, grain carts and skid steers, to heavy-duty trucks and trailers, we are here to serve you financing with competitive rates and an easy process. At the Franklin State Bank, we make things simple and all decisions are made in-house, so you can get back to work as quickly as possible.

Applying for an Agriculture Loan

We have a local focus with deposits and loans supporting local area farmers and agricultural businesses. If you are looking for a lender who understands the ups and downs of agriculture and has built customer relationships during both good and bad times, Franklin State Bank is here to help. Contact Scott Nissen at 507-557-2233 and he can schedule a meeting with you at the Bank, or on your farm site, to discuss financing options.