Farm financing?

promiseacres

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Read the fine print on any govt farm assistance loan. I looked into one a few years ago for a hay storage barn and the financial terms weren't bad, but the restrictions and specs they insisted on put the loan amt higher than I wanted to go or jump thru.
8" steel reinforced slab and I couldn't use it for anything else BUT putting hay on..not even parking tractor or implements on and that was for the length of the loan payback. I passed on it.
Sounds like a good decision....:th
 
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