Press Releases

Farm Credit East Business Services to Assist Northeast Producers Reach $25 Million

May 8, 2017

Farm Credit East financial services grew by more than six percent in 2016, reaching $25 million in revenue. These specialized services include payroll, recordkeeping, tax preparation and planning, appraisal services and profitability consulting, and are offered to Northeast agriculture, commercial fishing and forest products businesses.

“Each year, some producers feel good about what they’ve accomplished, while others are left disappointed that they earned significantly less than they should in spite of their hard work,” said Jim Putnam, Farm Credit East chief business officer. “Proper financial management is key to helping business owners control costs, market products more effectively and ultimately capture more profit.”

Farm Credit East’s financial services have helped customer businesses grow, evolve and effectively continue into the next generation. Having the right financial management tools in place is critical for any business to optimize profitably and ensure long-term success.

Farm Credit East ag-accounting and tax specialists are expert in the laws and regulations specific to agriculture, and stay up to date on changes. The association’s appraisers have unsurpassed expertise in determining the value of agricultural property and assets, and the business consultants have worked with generations of families on improving profitably or transitioning the operation to the next generation.

Whether you’re farming full- or part-time; a family-run business or a large operation with diverse markets, Farm Credit East can provide the financial management support your business needs for continued success. It is not necessary to have an existing relationship with Farm Credit East to use these services – they are available to anyone involved in the Northeast agriculture, commercial fishing and forest products industries.

To learn more about Farm Credit East’s loans and services, click here, call (800) 562-2235 or stop by your local Farm Credit East branch office.


For more information:
Contact: Kristie Schmitt
Telephone: 860.741.4380