|
North Dakota | If you have a crop mortgage that is securing your line of credit, it sounds like the bank may be wanting additional collateral to shore up their position. May be due to the tighter times or maybe bank regulations. Each lending place has their own philosophy and attitude with collateral positions it seems. A blanket lien on machinery is sometimes simpler than having a crop lien if it's possible to go that route. | |
|
Banking Question
