You are seeking financing of $50,000 for an equipment loan and $200,000 to purchase a farm. You will need to explain how the equipment will be used to increase your revenues on your farm. The loans need to pay for themselves and not be a burden to the rest of the farm. How do you plan to make that happen?

Answer rating: 100% (QA)

Analysis and Plan for Financing Equipment and Farm Purchase To ensure that the equipment loan and farm purchase loan pay for themselves and contribute to increasing revenues on the farm a detailed pla... View the full answer