What Are The Different Factors That Determine Farm Land Loan Interest Rates?
Getting a farm land loan is an inevitable move for start-up farmers, especially if they don’t have the finances to fund their projects. How you approach lending farms is a crucial factor as this will make or break your way back to repaying a loan. The primary concern revolving around farm land loans is interest […]
Farm Land Loan: Basic Steps of Loan Approval
Are you interested in applying for a farmland loan? Need to know what steps are involved in loan approval? Then, this guide is the right one for you. Loan approval can seem like a big issue because you think the steps are complicated, but not to worry, they aren’t. This guide will provide details on […]
What Are the Pros And Cons of Farm Land Loans by USDA
The United States Department of Agriculture (USDA) offers different types of farm land loan programs designed for beginning and old-timer farmers and ranchers. While some of these farm land loans come directly from the USDA, other loans are issued by third-party lenders with part of the loan guaranteed by the USDA. USDA also provides credit […]
How To Buy a Countryside Estate
It’s no secret that buying an estate can be complicated, especially if you’re looking for one in the countryside. But with the right advice and adequate cash flow, it doesn’t have to be complicated. Here, we’ll outline the key steps you need to take when buying an estate in the countryside. So, whether you’re a […]
3 Types of Direct Farm Ownership Loans That You Should Know About
Access to credit is a struggle for farmers and ranchers in the United States. The issue with acquiring farm land loans mainly affects aspiring produce farmers who need money to launch their careers in agriculture, farmers who want to improve and expand their operations, farmers who need assistance with land tenure and save it for future […]
What Different Financing Options Do Farmers Have?
Agriculture and farming are a significant part of the US economy, but getting into this industry isn’t easy. Launching a farm and running it takes experience, expertise, and upfront investment. The good news is that American farmers have some helpful financing options. And they are taking advantage of this opportunity, as made evident by the […]
How To Get The Best Farm Credit Interest Rates On-Farm Loans
Farm loans can enable a farmer to access cash liquidity as a startup. However, farm credit interest rates could deter a farmer from affording the requisite funds to acquire a piece of land, inventory, and begin farming operations. It provides the farmer with enough operational cash to ferry the farm enterprise through a difficult season. […]
How and When to Change Your Farm Credit Lender
Many farmers are led to believe that once a loan is issued, it cannot be transferred to a different farm credit lender. Although there might be no reason to make a switch when things are running smoothly, there are some instances when a borrower needs to refinance their loan to lower the monthly mortgage, or […]
What is an Inheritance Buyout? Is it a Good Idea?
When two or more siblings inherit a family farm or business, there can often be disagreement on how the estate should be divided. One way to avoid conflict and ensure that the business is passed down fairly and equitably is to execute a sibling inheritance buyout. But what exactly is an inheritance buyout? And more […]
How Can Finance Help in Increasing the Productivity of Agricultural Farms
The world’s population is ever-increasing, and we recently hit the seven billion mark. This calls for the availability of more basic survival needs, and food is among the top necessities. The world’s leading organizations have worked tirelessly to find solutions to improving the accessibility of food, and increasing the productivity of agricultural farms is among […]