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How much working capital per acre does your lender want?
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Birddy
Posted 1/20/2019 21:36 (#7260227 - in reply to #7252000)
Subject: RE: How much working capital per acre does your lender want?



ND

Orfarmer - 1/17/2019 17:36 It doesn't matter how much you have when you're burning through it. Farm credit wants you to start with $200 so hopefully you'll have $100 left by year's end. Starting with $100 and ending with $200 is totally unacceptable and don't you dare question their creative calculator that shaves off $2/bu on your contracts or adds next year's equipment payment into current liabilities. Just my experience, your mileage may vary.

Do you farm and borrow any money or are you just trying to learn how to survive ?

Your ideas presented leave me to think you don't know much about anything.

Tell us more.

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