Posted 1/16/2019 20:43 (#7250134 - in reply to #7250092) Subject: RE: How much working capital per acre does your lender want?
East Arkansas
Look, I wish it were true that all these guys were sitting on piles of cash, and it was required to be able to farm...I’m more in that spot now but haven’t always been... it would help me lot s lot because there would be zero rental competition.
I remember when I started the bank would lend me twice my net worth for a production loan and I didn’t own squat then.
Think some of you guys are mistaking cash for working capital....two totally different things...