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What's your opinion of farm credit service?
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EbertFarms
Posted 3/27/2011 01:15 (#1692522 - in reply to #1691769)
Subject: Re: What's your opinion of farm credit service?


FCS always takes the safe route, they won't risk a penny more than what "our calculation program tells us we're able to provide". For helping younger farmers they don't do much of it. Was looking to use them as a startup last year when i acquired my first chunk of ground, even though they could've filed a crop lien, they said they would only allow 50% of the overall operating expenses to be loaned out. Not very helpful for any young farmer as i don't know many that have that amount of change built up to cover the remaining 50% on this was strictly Inputs and rent i was asking for, not a penny or what-if more.

You'd have better luck doing everything through RABO in my opinion.
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