Cobank Acb

Description

CoBank, ACB, a cooperative bank, provides loans, leases, and other financial services to industries in the United States of America. The company operates in three segments: Agribusiness, Strategic Relationships, and Rural Infrastructure. It offers loans to finance current or seasonal assets, inventories, accounts receivable, commodities, and other short-term loans; and to the construction of new facilities, remodeling or expanding existing facilities, purchase of land or equipment, mergers and acquisitions, long-term assets, and working capital, as well as offers pension prepayment loan programs. The company also provides lease financing solutions for transportation vehicles, such as pickups, vans, and cars; agricultural vehicles comprising tractors, harvesters, and sprayers; facilities, including pole barns and greenhouses; and production equipment for wine processing, dairy producing, and packaging. In addition, it offers agricultural export financing and other trade financing services; and risk mitigation tools and financing services, such as letters of credit, short-term financing, and loan syndication services. Further, the company provides private placements; tax-exempt bond financing for facilities and equipment related to industrial development, agricultural by-products, and environmentally-related capital expenditures; and asset securitization services. Additionally, it offers cash and credit management; data security; and online banking services, as well as commercial credit card and merchant card processing solutions. The company serves agribusinesses, agricultural cooperatives, rural energy, communications and water companies, farmer-owned financial institutions, and other businesses in rural America. CoBank, ACB was founded in 1916 and is based in Greenwood Village, Colorado.

Tags:

Loans and Financial, Bank Securities, Bank Capital, Private Banking Loans, Business Loans, Mergers and Acquisitions, Personal Loans, Loan Management, Private Banking Services