Posts Tagged: loans

Debt structuring and loan terms

Two large grains bins

  When it comes time for you to borrow money to support your agricultural operation, there are many considerations in determining what type of loan you need. As a borrower you should consider and discuss with your lender: The purpose of the loan Your philosophy regarding debt How the loan fits your business plan and… Read more »

What to expect when applying for a loan

A farmer and lending shaking hands

  Agriculture is a capital-intensive business, and for most operators, especially new farmers and ranchers or those looking to undertake a significant expansion, meeting these financial needs means applying for a loan. Applying for a first loan can be intimidating, but with adequate preparation you and your lender can determine the feasibility of your loan… Read more »