Cargill Inc., the Minneapolis-based grain and fertilizer giant, is seeking to increase its residential lending by 30% this year, to more than $1 billion.

Its Cargill Financial Services Corp. has established a new lending division, Access Financial Holdings Corp. The move combines Access Financial Corp., an Atlanta-based unit that finances purchases of manufactured housing, and Equicon Corp. of Minnetonka, Minn., a subprime mortgage lending unit.

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