Deep Dive: How and When to Use Debt to Finance a Farm Business

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Wait, you want me to go into debt??? In this Deep Dive, Food Finance Institute Farm Outreach Specialist, Andy Larson walks you through how debt, when utilized properly, can be a fundamental tool to benefit your farm business.

Main Topics Covered:

  • Essential terminology
  • When should you consider getting an ag loan?
  • Types of loans and other funding available for farms
  • Choosing a lender
  • What information is the bank looking for?
  • The skinny on credit
  • Considerations on where to begin as a beginning farmer