AgTalk Home
AgTalk Home
Search Forums | Classifieds (44) | Skins | Language
You are logged in as a guest. ( logon | register )

Farm loans
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Farmer087
Posted 8/20/2024 15:39 (#10859217 - in reply to #10859165)
Subject: RE: Farm loans


NW IL
I guess it depends what percent of inputs are on an operating loan. Or how tight cash flow is. If the crop isn't profitable and the operating loan is maxed out then it's possible it can't be paid back. Bank can reorganize it and spread the loss over 5-10 years, write a new note as long as there is equity available. They'll keep rolling debt and reorganizing the shortfall each year until equity is gone.



Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)