Paris

Loans for Outside Paris’ City Limits

Paris, Texas is nestled along the Texas-Oklahoma border and was named after France’s capital. In a nod to its namesake, the town features a one-sixteenth-scale replica of the Eiffel Tower, topped with a red cowboy hat. When it was founded, Paris’ economy was built on cotton plantations but, over the years, it has broadened to include farming and ranching.

AgTrust Farm Credit in Paris helps local farmers by providing long-term land loans. This support helps to strengthen the agricultural industry in the community. While we specialize in loans for operating capital, equipment, and livestock, as well as financing for agribusinesses and recreational land, our team is committed to helping you secure the right loan to achieve your goals.

Types of Paris-Area Financing

Whether you’re interested in investments or recreational properties, there are several types of land loans to suit your needs. AgTrust’s Paris team offers the following types of financing so you can realize your vision.

• Recreational: Spend more quality time with your loved ones doing the activities you enjoy most. If you are seeking recreational land, AgTrust provides rural land loans toward private property, allowing you to escape the city limits and head to the countryside.
• Country Home Loans: AgTrust offers financing to build your dream home right outside of Paris. Our team will help you obtain a peaceful property with several acres to yourself, as well as help finance part of the building costs for your country home.
• Farm and Ranch Operations: The legacy of farming and ranching is embedded in the landscape of Paris. Whether you are a seasoned farmer or rancher or part of the industry’s newest generation, we look forward to connecting you to equipment loans, livestock loans, and financing for operating capital.
• Agribusiness: AgTrust has resources for agribusinesses of all shapes and sizes. From large-scale individual producers to service providers of agricultural operations, the Paris team offers our expertise and partnership to the commercial sector. If your business is an agricultural operation, processing and marketing, or a farm-related service, you may qualify for our agribusiness loans.

For more information on the types of financing AgTrust has available, visit our loans page.

Paris-Area Land Loans Are Your Best Choice

AgTrust has been serving communities in Texas for more than 100 years. Our Paris team has more than 26 years of combined experience in agricultural banking and 21 years with AgTrust.

One unique feature of AgTrust is that we are a customer-owned lending cooperative, which means all our branches pay out a patronage dividend to eligible customer-owners. Based on our 2023 performance, we paid a $26.7 million patronage dividend this year, the largest in AgTrust history. The all-cash distribution effectively reduced the interest rate paid by customer-owners in 2023 by an average of 1.33 percentage points. Learn more about our patronage dividend.

To support local business, we are members of the Chamber of Commerce for Paris & Lamar, Delta, and Red River Counties. We also partner with several real estate firms for educational events in the area. To add the vibrancy of our community, we support events hosted by the Delta, Lamar, and Red River Soil and Water Conservation Districts, which include regional planning meetings and area school wildlife judging events.

We sponsor livestock judges for the Lamar County Junior Livestock Show and purchase projects at the Delta, Lamar, and Red River Valley Junior Livestock shows. Additionally, each year we sponsor lunch at Natural Resources Conservation Service Wildlife Judging Contests and donate time and money to local Future Farmers of America chapters.

Our Vice President of Lending, Kregg Slakey, serves as the Chief Operating Officer of the Northeast Texas Beef Improvement Organization (NETBIO) which has 700+ members across 56 counties and seven states. As part of our team’s involvement in NETBIO, we participate in the Cattleman’s Classic & Ribeye Roundup, an event featuring a steak cook-off, educational trade show, and concert.

Meet Your Paris-Area Financing Specialists

Paris residents have relied on AgTrust’s record of strength, stability, and service to our customers for decades. Our team, led by Kregg Slakey, is eager to answer your questions and help you with any of your land lending needs.

Meet Kregg Slakey: Kregg is deeply involved in the fabric of the community. Born and raised in Delta County where he resides with his family today, he now runs a small cow-calf operation, coaches several youth sports, serves on local nonprofit boards, and is a member of NETBIO, the American Society of Agricultural Appraisers, and the Delta County Beef and Forage Committee.

He earned a Bachelor of Science degree in Agricultural Economics with a minor in Business from East Texas State University (TAMU-C), and brings more than two decades of agricultural and rural lending experience to the Paris team.

If you’re interested in land outside the Paris city limits, this team can help you secure a loan to make it yours. Contact Kregg today to get started.