Farm Financial Planning is Iowa State University Extension and Outreach's farm financial analysis program. The program helps you evaluate your farm business and determine whether or not a change is desirable. It provides an in-depth plan for the farm business so operators and lenders can make decisions for the future.
The first question a farmer might ask about business structures may very well be: Why do I feel so overwhelmed? The good news is that creating a legally safe and well-managed business only involves three crucial steps: creating and following the processes laid out in your documents, separating yourself financially from the farm, and getting legal advice when you need it.
Getting an agricultural land loan requires a wealth of information, and it is invaluable for a borrower to know what a lender is looking for. AgAmerica Lending’s Chief Credit Officer, Jackie Toenes lends her considerable expertise in explaining the 5 Cs of Credit and how they apply to land lending below.