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Non-Cattle Specific Topics
Every Thing Else Board
Anyone else finance land through Capital Farm Credit?
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<blockquote data-quote="TominTX" data-source="post: 1743397" data-attributes="member: 28120"><p>Shortly after I posted this, the annual report came. It's about a 50 page book.... I studied it pretty close and found where they released some of the reserve funds last year from 2012 (if I remember correctly.) So you are correct, they are reserve funds, and chances are good that you will eventually see them if you stay on as a shareholder/customer. It's a significant amount, so if you factor in the patronage refund that I received this year (amount was larger than 2 months payments) and then factor in the fact that chances are good that I will see some of those funds in the later years of the loan, I'm happy with my decision to go with them.</p></blockquote><p></p>
[QUOTE="TominTX, post: 1743397, member: 28120"] Shortly after I posted this, the annual report came. It's about a 50 page book.... I studied it pretty close and found where they released some of the reserve funds last year from 2012 (if I remember correctly.) So you are correct, they are reserve funds, and chances are good that you will eventually see them if you stay on as a shareholder/customer. It's a significant amount, so if you factor in the patronage refund that I received this year (amount was larger than 2 months payments) and then factor in the fact that chances are good that I will see some of those funds in the later years of the loan, I'm happy with my decision to go with them. [/QUOTE]
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Anyone else finance land through Capital Farm Credit?
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