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How much working capital per acre does your lender want?
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xtend1
Posted 1/16/2019 20:23 (#7250074 - in reply to #7249359)
Subject: RE: How much working capital per acre does your lender want?


Lender typically wants 20% margin money deposited into account (varies + or - a few percent sometimes) in order to approve an operating loan.

Example:
operating loan: $5,000,000

Consists of...

lender provides: $4,000,000
You deposit (margin money): $1,000,000
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