Buzzworthy Business
Do you enjoy fruits, vegetables, and nuts, along with a variety of options at your grocery store? If so, you can thank a special kind of pollinator, the honeybee, for diversifying America’s dinner plates. Honeybees are essential to maintaining food...
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The Five Basic Steps of the Loan Approval Process
Applying for a loan? The unknowns in the loan-approval process can be scary, but the credit approval steps are fairly straightforward regardless of whether you apply for an operating loan, land loan, equipment loan or home loan. By understanding the process, you'll feel more at ease during the transaction.View Details
How many acres are needed to get a farm loan?
When it comes to qualifying for a loan to buy acreage, Farm Credit of Central Florida has no minimum acreage requirement for farmland or lot loans. Instead, several factors determine eligibility for agricultural financing. Let's explore what really matters when seeking a loan for acreage.View Details
Creating a Farm Plan: A Guide for New and Small Farmers
Starting a farm, no matter how small, is an exciting venture. Whether you're raising a few cows or planning a diverse small-scale operation, a well-thought-out farm plan is crucial. Not only is it often required by lenders, but it also serves as a roadmap for your agricultural journey.View Details
FSA-Preferred Lending for Young and Beginning Farmers
If you’re new to farming, one of the major hurdles to overcome is buying your own land. Farmland is expensive. Add in the costs of inputs, labor and equipment, and buying your first piece of dirt can seem out of reach. But there are programs that can help you acquire that sought- after tract without touching the savings you’ve built along the way. The Farm Service Agency (FSA) offers two excellent programs that beginning farmers can take advantage of:View Details
Farm Lines of Credit
A farm line of credit is a flexible financial tool that provides farmers with access to funds to cover operating expenses such as purchasing seeds, fertilizers, equipment or paying labor costs. It is specifically designed for agricultural operations. Think of it as a safety net, allowing farmers to bridge gaps in cash flow and manage unforeseen expenses that may arise during a growing season.View Details
Benefits of Using a Local Lender
Securing financing is one of the most essential tasks when you begin your home-buying journey. Searching online you will find numerous lenders, and that can get overwhelming. If you are looking for personalized support and service that caters to your individual needs, selecting a local lender is the direction you need to head. Here are four reasons why you should work with a local lender.View Details
Upcoming Events
Throughout the year and across the country, your local Farm Credit association hosts in-person and virtual events designed to help you start, manage and grow your farming operation. Browse through the AgBizInfo events to find the right event for you!
AGAware ®
As a farmer (and CEO of your business), managing your finances can be a challenge. AGAware® Workshops help farmers take control of their finances by teaching practical skills like recordkeeping...
