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10 Questions Your Lender Won't Ask You

Do you have a weakness for new equipment? It’s easy for new equipment purchases to get out of hand when dealers offer low or zero interest loans on new equipment sales, but too much spending can severely hamper your ability to pay your debts. With current commodity prices, there isn’t much left after paying equipment loans. Lenders don’t need to ask this question, because one look at your balance sheet and a walk around your farm will usually answer this question. Continue Reading

Lender Lingo

Balloon Note

A note calling for periodic payments which are insufficient to fully pay the loan off at maturity, so that a principal sum known as a “balloon” is due at maturity.

Gourmet Mushroom Risotto

Check out this quick and easy recipe.