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A balance sheet is a document that records the value of all farm business assets and liabilities at a point in time. The financial document can also be referred to as a financial statement of equity and net worth. Balance sheet preparation is a standard operative procedure for many farm businesses. The farm business comprises […]

Buying a ranch or expanding on an existing one is a great and profitable business venture. But like all great ventures, it needs significant investment capital to cover the running costs and all other associated costs. One way to finance your purchase and cover the associated expenses is to look for a ranch loan. But […]

Many farmers are more than happy with their small farm businesses that bring in enough profits for them to survive. But what if you could expand your modest farming enterprise and enjoy all the perks of a thriving enterprise? If you’re in the farming business for the long haul, it is wise to consider widening […]

If you’re considering getting a farm loan, you’re probably wondering when is the best time to do it. Unfortunately, there’s no one-size-fits-all answer to that question – the timing will depend on your specific situation and the bank’s lending criteria. Things to Keep in Mind When Trying to Get a Farm Loan Understand the Different […]

Before starting or running any venture, including farming businesses, capital is a primary consideration. Unlike other businesses that pick up faster, farming businesses seldom generate enough revenue or operating profits timely to fund their capital needs. This includes owner demands, asset replacements, interest payments, and time debt payments. This typically makes it difficult to expand […]

If you are anticipating a farm land loan and anxious to know what happens next after you have been approved for a loan, you have come to the right place. Farm land loans, especially during the closing process, can get complicated and overwhelming. So today, we will talk about the various scenarios farmers can expect […]

Nobody should purchase a farm on the spur of the moment. Purchasing farm land requires careful planning and consideration of vital details, which, if left unresolved, could directly hinder your farm’s future performance. Whatever your reasons for owning a farm, you should consider these 14 tips for a successful farm land purchase in 2022. Plan […]

The vast majority of new business owners look for financial assistance to get their ventures off the ground, especially farmers. The majority of loan applications are turned down, which is a shame. In light of these figures, it is likely that many small business owners you know have had their applications rejected. Even though approving […]

2020 was a historic year as the US economy recorded low-interest rates. However, as the economy has begun getting back on its feet amid a recovery from the Covid-19 pandemic, there has been a rapid increase in interest rates. This has worried many American ranchers, farmers, and land owners as it triggers an increase in […]