Source: Brent King, AGRICULTURE.COM, 11/2/18


Your lender works hard to keep you as a client, but even the best banking relationship can come to a close. Your farming operation may expand beyond the comfort zone of your lender. Your loan officer may relocate or retire. Your bank can scale back or withdraw from agriculture production. Your farm may not qualify for a loan renewal in times of low commodity price cycles.
Because these events can occur, it pays to be prepared for a farm refinance.

For more of this story, click here.