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Hennepin, IL | Im not completely convinced anything I laid out is inherently better than the baseline of just simply operating on cash. Like you said usually there are things that come along, a deal on chems, a decent carry in the corn market, etc that you usually dont end up sitting on cash for 6 months, but it has happened. There were other reasons we did the CD thing, I just laid it out as an option. The idea being when a guy doesnt need the cash, its making whatever the CD rate is, and when a guy does, its not costing much. Honestly a guy is probably just better of sticking to cash unless you could negotiate a real small spread. | |
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Multi year operating loans? (Locking in lower interest) or a real estate equity line of credit?