Understanding the business side of farming can be hard. In this article, we talk about the ratios that tell the story of how financially healthy your farm is.
One of the first things all lenders learn to make loan decisions are the “Five C's of Credit : Character, Conditions, Capital, Capacity, and Collateral."
Lenders see your application as an ongoing process and take in to account everything you do up until you sign your closing papers. Avoid these common mistakes to close your loan quickly!