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How much working capital per acre does your lender want?
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Conan the Farmer
Posted 1/16/2019 23:06 (#7250520 - in reply to #7249749)
Subject: RE: Oh Yeah, the answer!



South Central Iowa
NMO Redpower - 1/16/2019 18:36

Not usually. 2% machinery loans come from dealers, where you've already overpaid to begin with. Been better off to buy private treaty and pay the 6%.


Yes! If you got 2% on the loan, they were making it up elsewhere. Great point.
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