Overview of FBN
FBN is a farmer entrepreneur operating in the United States since 2014 with the mission of powering the prosperity of family farmers around the world without regulation. It offers a range of trading products and services, including farm product sales, land loans, operating lines and equipment loans.
The broker emphasizes customer support, providing multiple contact options and various educational resources to ensure clients can easily access assistance and improve their trading knowledge effectively.
Regulatory Status
FBN is currently unregulated because the National Futures Association has identified it as a suspicious clone. Traders are advised to be aware of the risks associated with trading with a company that lacks regulatory oversight.
Pros and Cons
FBN has several advantages, including a diverse range of tradable products and services, dedicated customer support, and extensive educational resources. Additionally, the broker offers generous rewards, motivating clients to promote the company and attract new clients.
However, the broker is unregulated, which poses risks for clients. Furthermore, there is no 24/7 customer support available, potentially leaving clients without immediate assistance during off-hours or emergencies.
Tradable assets & Services
FBN offers a diverse range of products and services for clients, including farm product sales, land loans, operating lines and equipment loans.
Products
The company also operates an online shop focused on farming, where clients can buy products related to crop nutrition, seeds, animal health, feed, and more. Additionally, it offers FBN AcrePlan, the only digital chemical planning and purchasing tool in agriculture. With just a few clicks, clients can complete their chemical program and shop online. Its fast, simple, and easy.
Services
FBN also offers financial services such as land loans, operating lines, and equipment loans. The interest rates for land loans start at 7.60%, with the minimum loan amount set at $10,000. Operating lines feature an easy application process, flexible terms, and revolving lines of credit starting at 7.85%, while long-term operating loans begin at 7.84%. Additionally, a farm equipment loan is specifically designed to assist farmers in purchasing new or used equipment necessary for their agricultural operations.
Reward
FBN offers a referral reward to clients who refer a friend. Clients promoting the high-quality products and cohesive digital shopping experience at FBN Direct® and FBN Finance can earn unlimited referral rewards. Each qualifying purchase or loan made by a referred friend earns the client a $500 store credit, encouraging them to continue spreading the word to maximize their rewards.
Customer Support
FBN provides various contact options to assist clients with different needs:
Telephone consultation: Responsive customer service at FBN is ready to answer any questions you may have. The number is: (844) 200-FARM.
Social Media: You can contact the company via official social media accounts on Facebook, Instagram, YouTube, Twitter, and LinkedIn.
Head Office: Our offices are located at 388 El Camino Real, San Carlos, CA 94070 and 1320 West Fulton Street, Chicago, IL 60607.
Email: Customers can contact FBN via email at info@farmersbusinessnetwork.com.
FAQs: If you have questions and seek quick answers, FBN offers a comprehensive list of Frequently Asked Questions (FAQs) on their website where you can find a lot of useful information.
Educational Resources
FBN provides extensive educational resources, typically in the form of blogs, resources & guides, loan calculators, and reports.
Blogs: Clients are welcome to visit the FBN Blog, a central hub for staying up-to-date with the latest insights from FBN experts focused on the future of farming, supporting better agricultural practices, and putting Farmers First.
Resources & Guides: These materials can help clients stay informed about crop protection, seed selection, and agronomics to maximize their operations profit potential.
Loan Calculators: Guided by a Farmers First® mindset, the company has created the FBN® Farm Land Loan Calculator to bring transparency to the often confusing farm land loan process.
Reports: FBN provides reports that help farmers analyze market trends, optimize their crop strategies, and make informed decisions about their agricultural practices.
Conclusion
In conclusion, FBN is a farmer entrepreneur platform that provides numerous benefits, including a diverse range of tradable products and services, dedicated customer support, extensive educational resources, and generous rewards for clients who successfully refer friends. These features are designed to enhance the trading experience and foster a supportive community.
However, potential clients should pay attention to the fact that the company operates without regulatory oversight, which introduces certain risks. It is crucial for traders to thoroughly evaluate these risks and consider their own trading strategies and requirements when deciding whether to engage with FBN.
FAQs
Q: Can I invite other farmers to join FBN？
A: Absolutely. FBN gets more intelligent with each new member in your region.
Often, the easiest way is to connect with us on Facebook or Twitter and “share” our community posts directly with your friends.
Let us know how we can help make the network insights stronger in your area. We're available anytime at support@farmersbusinessnetwork.com.
Q: Does FBN Direct provide agronomic support？
A: FBN® features a team of non-commissioned, certified agronomists specializing in various agricultural disciplines, focused on enhancing your profitability rather than just yield. For agronomic advice, contact your FBN representative or call (844) 200-FARM.
Q: What is FBN Direct？
A: FBN Direct® is a game-changing, direct-to-farm commerce platform, enhanced by transparent insights and a peer community that redefines value and convenience for the family farmer.
