ABOUT US
We Work With You
We are a privately run, family business that truly understands the fluctuations and uncertainty of agriculture. We welcome the opportunity to assist you with any and all matters associated with financing your farm or ranch. We never hesitate to go the extra mile for each of our clients. Our expertise in agricultural credit and farm finance, as well as family values, is what sets us apart from the competition.
WHEN A BORROWER IS HAVING PROBLEMS MEETING FINANCIAL OBLIGATIONS, WE WILL TAKE THE TIME TO PREPARE POSSIBLE SCENARIOS WHILE RECEIVING FARM FINANCE OR AGRICULTURAL CREDIT. DEBT RESTRUCTURING IS OFTEN ACCOMPANIED BY RESTRUCTURING A BORROWER’S CURRENT OPERATION.
FRCS started with some of the poorest agricultural credit and farm finance in Montana and quickly and successfully turned the poor credits around. Soon the field of farm finance and agricultural credit grew. We began with an empty loan portfolio and have grown to service over $35,000,000 in loans for clients in the region. Furthermore, many are guaranteed by the USDA’s Farm Service Agency (FSA).
The FSA guaranteed program has been an integral part of our success.
Why Consider us?
WITH OVER 30 YEARS EXPERIENCE, WE CAN OFFER IDEAS AND EFFECTIVE SOLUTIONS FOR YOU TO CONSIDER WHEN REVIEWING YOUR OPERATION FOR THE FUTURE TO PRODUCE POSITIVE CASH FLOWS. THE COMPETITIVE DIFFERENCE IS NOT HOW YOUR LENDER SERVICES YOUR LOAN DURING THE GOOD TIMES, BUT HOW YOUR LOANS ARE SERVICED DURING THE TOUGH TIMES.
RANCHERS & FARMERS
With over 30 years experience, we can offer ideas and effective solutions for you to consider when reviewing your operation for the future to produce positive cash flows.
LENDING INSTITUTIONS
We have a proven track record and outstanding reputation with over 30 years of qualified experience. Our services can be utilized in two ways. Turn around problem accounts, and/or build strong, lucrative portfolios.
FSA GUARANTEED LOAN PROGRAM
FRCS has specialty, one-of-a-kind software designed to meet our needs in preparing and servicing FSA guaranteed loans for our clients.
FAMILY ROOTS
Expertise in agricultural credit and farm finance
FRCS incorporated as an S-Corp in the spring of 1988 and is headquartered in Townsend, Montana. FRCS has two principals, Patrick Ragen and Chase Ragen, a father/son team. Prior to FRCS, Pat managed his father’s (Chuck Ragen) ranch on the Missouri River for a number of years. In his youth, Chase worked as the hired hand for the Ragen Ranch.
Patrick graduated from the University of Montana with an Economics degree in 1970. Chase graduated from Western Montana College of the University of Montana with a Business Degree with an emphasis in Computer Science in 2000. Chase is also a member of the Montana Army National Guard, an officer, currently at the rank of Lieutenant Colonel, a combat veteran of Operation Enduring Freedom, Afghanistan.
FRCS is headquartered out of Townsend, MT with no branch offices. FRCS has established an excellent reputation within the agriculture lending community. Since 1988, FRCS has formed strong working relationships with over 19 lending institutions, throughout Idaho, Wyoming, and Montana.
