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