Growing a food and farm business often requires taking on debt. Upfront capital requirements and seasonal operations expenditures can leave enterprises strapped for cash and vulnerable to disruptions. The right loans can help, but it is important to know when and where to seek funding, and which lending opportunities best suit your purpose. Let's talk about how to decide whether debt financing is the right tool for you, and how to get approved.
Our guest presenter is Andy Larson, Farm Outreach Specialist at the Food Finance Institute (FFI) at the University of Wisconsin, Madison. Andy has expertise in strategic farm business and marketing planning, farm financial statements and projections, agricultural credit and loan structure, loan guarantees and credit enhancements, farm succession and intergenerational transition, and grantsmanship.