Financing Your Farm: Combining finance tools for starting and growing an operation
With the high and increasing cost of farmland, and the unpredictable and increasingly slim margins in agriculture, it can be difficult for farmers to get financing and make payments on loans for land and expansion. Traditional and innovative lending institutions can be part of structured deals for farmland finance, and service providers can help prepare the borrower and quarterback these arrangements. Learn from NW Farm Credit Service, Farm Service Agency, impact investment groups that invest in farmland for farmer ownership and organic production, and the Small Business Development Center about their services and how to combine them to meet your needs. Also hear how working land conservation easements can complement financing to reduce purchase price and generate liquidity, and discuss case studies and models for combining financing and other tools.