So God Produced Farmer, But Who’s Financing The Farms?

So God Produced Farmer, But Who’s Financing The Farms?

It’s that final challenge where in fact the alternative small-business money industry might possibly assist, says Peter Martin, a principal at K-Coe Isom, an accounting and consulting company dedicated to the ag industry. “If you as a farmer need running funds and you also can’t buy them from the bank, you don’t have lots of options,” he says. “Historically, nobody away from banking institutions has received much interest in lending working cash to a farmer.”

The consequence of that reluctance to give money? “I can’t inform you how many phone phone calls I have to state, ‘Hey, i want $100,000 and I also require it in a short time due to X, Y, Z that’s come up,’” claims Martin. “We don’t have actually a location that people can deliver the individuals to. Continue reading So God Produced Farmer, But Who’s Financing The Farms?

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