Description
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