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How much working capital per acre does your lender want?
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Kooiker
Posted 1/16/2019 19:05 (#7249835 - in reply to #7249765)
Subject: RE: How much working capital per acre does your lender want?



SoDak Farms - 1/16/2019 18:42

I was about to post this so we all are on the same page with working capital. My banker has never said how much actual cash he wants on hand....



If you have any debt you only want enough cash on hand to pay your current bills.


Anything more than that should pay down a revolving credit line.



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