Finding Lending Options for Arkansas Farmers - Stone Bank

Finding Lending Options for Arkansas Farmers

Introduction

After coaching high school football in Arkansas for ten years, Dustin Prescott and his wife Lindsey, a reading interventionist at Sheridan School District, were looking for a new challenge. The couple, along with their 9 and 11-year-old sons, decided to pursue poultry farming and began the process of purchasing a poultry farm in the Rison, Arkansas area.

Despite a high credit rating, the Prescotts struggled to find a lender that would approve them for a loan. Then they turned to Stone Bank’s White Hall branch. Stone Bank quickly found a financing solution for the Prescotts and got them approved for a loan. As a lender of commercial loans for agricultural businesses, Stone Bank speaks fluent farmer and is here to support new farms as well as established operations with a variety of lending options.

Testimonial

Working with Stone Bank’s Senior Agricultural Loan Officer Vince Stone, Dustin and Lindsey Prescott now own and manage six chicken houses in Rison, producing 4.5 million pounds of chicken per year.

“It was a good transition from coaching to poultry farming. We execute a plan every day, every season with chickens, from hatching to selling to preparing for the next batch. Farming is not a job, it’s a lifestyle. We live here every day. My wife is up with me at 4 AM helping before she goes to work. My sons help with new chickens and lots of extra chores. There is always something for them to do. I couldn’t do it without them. It’s a family deal.”

RELOCATION NOTICE

Effective December 31, 2024 all Stone Bank operations in the Little Rock market will be relocated to our new branch office and headquarters building at 12615 Chenal Parkway. This includes all consumer and commercial banking functions, including commercial lending and the interactive ATM adjacent to our current Little Rock location at 900 South Shackleford. The Shackleford location will close on December 31, 2024.

All Little Rock personnel phone numbers and e-mail addresses, as well as your access to our mobile banking app and website will remain the same.

We appreciate your continued business with Stone Bank.

If you have any questions about our relocation to our new Chenal address, or the closure of the Shackleford branch, please feel free to call our Little Rock team at (501) 503-4242.

Thank you.