In this episode of AgCredit Said It, host Matt Adams dives deep into the intricacies of farm finance with expert credit analyst Nathan Buzard. Discover what goes beyond the balance sheet in loan analysis, including the critical 5 Cs of credit: Character, Capital, Capacity, Collateral, and Conditions. Nathan shares invaluable insights on evaluating loan applications, the importance of detailed financial information, and the role of environmental practices in assessing risk. Whether you're a seasoned farmer or just starting out, this episode is packed with strategies to help you grow your farm's financial future. Tune in to learn how to navigate market volatility, the significance of a solid business plan, and the impact of succession planning on loan decisions. Don't miss this opportunity to gain expert advice and ensure your farm's long-term sustainability. &nbsp;Show Notes:  &nbsp;Connect with AgCredit on Facebook, Twitter and Instagram &nbsp;Share questions and topic ideas with us: Email podcast@agcredit.net

Episode 70: Looking at Financials Beyond the Balance Sheet

In this week’s episode, host Margaret Walls talks with Seanicaa Edwards Herron, founder and executive director of the Freedmen Heirs Foundation, about challenges facing Black farmers in the United States. Herron discusses historical and systemic barriers that Black farmers have encountered, and continue to encounter, in the US agricultural industry. Their conversation covers access to land, capital, and markets; the importance of government programs that are tailored to support Black farmers; and the mission of the Freedmen Heirs Foundation to bridge gaps in the agricultural industry between Black farmers and the markets that Black farmers tap to sell their products.

References and recommendations:

“Minority Food Producers in the Climate Transition” webinar from Resources for the Future; https://www.rff.org/events/environmental-justice-series/minority-producers-in-the-climate-transition/

Exposure event series from Resources for the Future; https://www.rff.org/topics/environmental-justice/exposure-2024/

Season 3 of “The Heist” podcast; https://publicintegrity.org/inequality-poverty-opportunity/the-heist/theheist-season3/

“Gaining Ground: The Fight for Black Land” film; https://gaininggroundthefilm.com/

Black Farmers in America, with Seanicaa Edwards Herron

In this episode of AgCredit Said It, we delve into the critical topic of mental health in farming. Host Phil Young is joined by Sarah Noggle, an OSU Extension Educator from Paulding County, to discuss the findings from the Ohio Agriculture Mental Health Alliance's recent survey. Together, they explore the root causes of stress on the farm, the impact of mental health on farming operations, and practical strategies for managing stress and maintaining mental wellness. Tune in to gain valuable insights and learn how to prioritize your wellbeing in the demanding world of agriculture. Remember, the most important asset on the farm is you. &nbsp;Show Notes:  Connect with AgCredit on Facebook, Twitter and Instagram Share questions and topic ideas with us:Email podcast@agcredit.net

Ep. 71 Protecting the Most Important Asset on the Farm with Sarah Noggle

Podcast: Trailer Financing Made Easy with NC Trailers

Trailer Financing Made Easy With NC Trailers - MP3

In this episode of "AgCredit Said It," host Phil Young is joined by Jordan Huntsman, a commercial credit analyst with AgCredit, to discuss evaluating the financial health of farm operations at year-end. The conversation covers key financial indicators that farmers should focus on, such as net worth and working capital, and the importance of preparing a balance sheet annually. Jordan explains the components of a balance sheet and the significance of tracking assets and liabilities. They also delve into the concept of working capital, its calculation, and its role in maintaining financial stability. Show Notes:  Connect with AgCredit on Facebook, Twitter and Instagram Share questions and topic ideas with us:Email podcast@agcredit.net

Ep. 72 Evaluating the Health of Your Operation

Larry Ostola speaks with David Roberts about Boosters and Barkers: Financing Canada's Involvement in the First World War.

Boosters and Barkers by David Roberts explores Canada's efforts to finance its participation in World War I through public contributions, particularly war bonds. The book examines how Ottawa appealed to citizens for financial support, incorporating imperial funding, taxation, and other revenue sources. Using print, images, and music, Canada’s bond campaigns generated significant public engagement, raising nearly a third of the country’s $6.6 billion war costs. The story highlights the necessity of funding, propaganda strategies, public resistance, and the lasting financial impact of the war.

David Roberts is a retired editor of the Dictionary of Canadian Biography/Dictionnaire biographique du Canada. In addition to writing many entries for the DCB, he is also the author of In the Shadow of Detroit: Gordon M. McGregor, Ford of Canada, and Motoropolis. He lives in Don Mills, Ontario.

Image Credit: UBC Press 

If you like our work, please consider supporting it: bit.ly/support_WTY. Your support contributes to the Champlain Society’s mission of opening new windows to directly explore and experience Canada’s past.

Boosters and Barkers: Financing Canada's Involvement in the First World War

In this episode of AgCredit Said It, host Phil Young discusses tax planning for the upcoming tax season with Alex Schomaeker from Schultz Huber &amp; Associates.&nbsp;The conversation covers various tax-related topics pertinent to farmers and business owners, including changes in tax laws, depreciation deductions, capital gains, health savings accounts (HSAs), estate taxes, and common year-end tax planning mistakes.&nbsp;Alex provides insights into the impact of the 2024 tax changes, the importance of planning for tax deductions, and strategies for managing capital gains and estate taxes. The episode also touches on the beneficial ownership information (BOI) reporting requirements and the recent injunction affecting its implementation. &nbsp; Show Notes: &nbsp; Connect with AgCredit on Facebook, Twitter and Instagram &nbsp; Share questions and topic ideas with us:Email podcast@agcredit.net

Ep. 73 Year End Tax Strategies

In this episode of AgCredit Said It, host Libby Wixtead dives deep into the ever-relevant topic of interest rates with Dan Ebert, Chief Operating Officer at AgCredit.&nbsp;Together, they explore the historical trends of interest rates, their impact on agricultural loans, and what farmers can expect in the future.&nbsp;Dan shares valuable insights on how interest rates have evolved over the past decades, the primary factors influencing ag loan rates, and the importance of risk management.&nbsp;Whether you're a seasoned farmer or new to the industry, this episode offers practical advice on financial planning and preparing for future interest rate changes.&nbsp;Tune in to learn how to navigate the complexities of farm finance and ensure a stable financial future for your agricultural business. Show Notes: &nbsp; Connect with AgCredit&nbsp;on Facebook, Twitter and Instagram Share questions and topic ideas with us:Email podcast@agcredit.net

Ep. 74 Navigating Interest Rates in Agriculture: Insights from Dan Ebert

Purchasing used brewery equipment at auctions can be a cost-effective way for new and expanding breweries to acquire necessary machinery. However, the upfront costs can still be substantial. To help navigate this, there are several financing options available to help buyers secure the equipment they need without compromising cash flow.

Bank Loans

Traditional bank loans are a common financing option for brewery owners looking to purchase equipment. Banks offer both short-term and long-term loans depending on the size of the purchase and the brewery’s financial situation. A bank loan typically requires a solid business plan, proof of revenue, and a good credit history. These loans come with fixed or variable interest rates, so it’s important to understand the terms before proceeding. While the approval process can take some time, the stability of bank financing offers peace of mind in terms of predictable payments and lower interest rates.

SBA Loans

Small Business Administration (SBA) loans are another option for financing brewery equipment. These government-backed loans are designed to assist small businesses, particularly those in the food and beverage industry. SBA loans tend to have lower down payments and longer repayment terms compared to traditional bank loans. They are ideal for breweries with strong growth potential but limited upfront capital. Keep in mind that the application process can be lengthy and may require detailed financial documentation, but the low interest rates make them an attractive option for funding large equipment purchases.

Equipment Financing

Equipment financing, also known as equipment leasing or lending, is a specialized type of loan used specifically for purchasing machinery. In this arrangement, the equipment itself serves as collateral, reducing the lender’s risk. The loan is typically repaid in monthly installments, and once the full amount is paid off, ownership of the equipment transfers to the borrower. This option allows brewery owners to purchase equipment with minimal upfront cost while preserving cash flow. Equipment financing can be especially useful for acquiring high-cost machinery like fermenters or bottling lines. Some lenders even offer flexible terms tailored to specific industries, making this a popular choice for breweries.

Leasing

Leasing is another popular option for acquiring brewery equipment at auctions. With leasing, the brewery enters into a contract to use the equipment for a specified period, usually with an option to purchase at the end of the term. Leasing offers the advantage of lower upfront costs and the flexibility to upgrade equipment after the lease term ends. It’s especially beneficial for breweries that may need to scale up or adjust equipment frequently. However, lease payments may ultimately be higher than loan payments, depending on the lease terms, and the brewery does not own the equipment unless it chooses to purchase it at the end of the lease.

Alternative Lenders

Alternative lending sources, such as online lenders, crowdfunding platforms, and peer-to-peer loans, have become more popular in recent years. These lenders often have quicker approval processes than traditional banks and may be more willing to work with small businesses or startups. Interest rates can vary widely, so it’s essential to shop around for the best deal. Some alternative lenders may offer more flexible terms and quicker access to funds, which can be critical when purchasing equipment at auction.

Seller Financing

In some cases, the seller at the auction may offer financing directly to the buyer. This can be a more flexible option, as it may allow for lower interest rates and more lenient terms. Typically, the buyer would make a down payment and agree to pay off the balance over some time. This type of financing is not always available, but when it is, it can make purchasing equipment more accessible.

Financing Options For Buying Brewery Equipment At Auctions

In this episode of AgCredit Said It, host Libby Wixtead sits down with Ryan Conklin, lead attorney at Wright and Moore law firm, to delve into the intricacies of dower rights and joint survivorship.&nbsp;Ryan shares his expert advice on how these legal concepts impact farm finance, succession planning, and property ownership. Whether you're a seasoned farmer or just starting out, this episode provides valuable insights to help you protect your assets and ensure a smooth transition for future generations.&nbsp;Tune in to learn practical strategies for managing your farm's financial future and avoiding common pitfalls in estate planning. &nbsp; Show Notes:  &nbsp;Connect with AgCredit on Facebook, Twitter and Instagram &nbsp;Share questions and topic ideas with us: Email podcast@agcredit.net

Ep. 76 Legal Strategies for Farm Families: Dower Rights and Joint Survivorship with Ryan Conklin

Hi! I am Gray Russell an expert in conducting online auctions and I have been working in this industry for the last 5 years. I am not the owner of the content which has been published here. This content is only for knowledge purposes. This content belongs to the respective owners and I do not hold any right to this content.

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Resources Radio is a weekly podcast by Resources for the Future. Each week we talk to leading experts about climate change, electricity, ecosystems, and more, making the latest research accessible to everyone.

New tracks tagged #Financing