LOL Finance Company is a wholly-owned subsidiary of Land O'Lakes that was founded in 1981 to provide livestock financing. It has six loan officers located in Iowa, Minnesota, Nebraska, North Dakota and South Dakota that provide loans focused on swine (62% of loans), cattle (24% of loans), and real estate (12% of loans) to borrowers in 29 states. The company's mission is to provide livestock financing for the benefit of borrowers, Land O'Lakes, and partners.

1. LOL Finance Company
Dan Glienke – CEO
June 22, 2012

2. 2 A Future of Growth in a World of Opportunity
Who we are….
• Wholly-owned subsidiary of Land O’Lakes.
• Founded in 1981.
• Livestock lending focus began in 1987.
• Currently funding loans 29 states.
• Six loan officers.
• Iowa (2), Minnesota, Nebraska, North Dakota and
South Dakota.

3. 3 A Future of Growth in a World of Opportunity
Mission
Provide livestock financing
for the benefit of our borrowers, Land
O’Lakes, member owners and partners.

4. 4 A Future of Growth in a World of Opportunity
Territory

5. 5 A Future of Growth in a World of Opportunity
Top Ten States

6. 6 A Future of Growth in a World of Opportunity
Loan Types
%
Swine 62
Cattle 24
Real Estate 12
Other 2

7. 7
Lending Perspective
Financial Criteria
• Equity to Asset Ratio 30% to 50%
• Current Ratio 1:1 to 1.75:1
• Repayment Capacity 110% to 120%
• Loan to Value 65% to 85%
Standards based on the borrowers amount of retained
production, marketing and input cost risk.
Lend to successful livestock systems.
• Proven production history.
• Competitive production costs.
• Sound marketing plan.
• Margin management.
• Processor relationship.

8. 8 A Future of Growth in a World of Opportunity
Thank you!