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SE IL | Until you are able to fully pay to put out an entire years crop I would finance most other debt. If you can put out the next years crop without an op note you are in a strong postion. Noone to tell you how to farm (plant beans they are cheaper) or have to rely on them to run your business. Also good working capital gives you an option to put a good down payment on something if a deal arrises (without having to refi or get equity from somewhere else). | |
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paying cash vs financing
