Posted 1/27/2016 07:19 (#5067184 - in reply to #5066975) Subject: RE: Ag lenders
USA
Would assume the $1 million in new debt would have some type of asset value, if it takes $1 million to get it up and running. Be pretty hard to get a lender to loan $1 million on something that doesn't have any asset value on $333,000 of borrower equity. Unless somebody else co signs and guarantees the loan.
Ag lenders
