Posted 12/26/2015 18:02 (#4988649 - in reply to #4988610) Subject: RE: Should a established farm need an operating loan every year??
sw ontario
Wheat77 - 12/26/2015 18:49
Many farms have an operating loan in place, even if they have plenty of ready cash in
their current working capital, and do not have a current loan balance.
Sometimes it is much easier to make a phone call to put money in your checking acct. than to wait
a few days for a transfer from a fund or another source.
Wheat I agree you should have a line of credit for unseen circumstances