- Apr 19, 2007
- Reaction score
- Gulf Coast of South Texas
0USDA MicroLoans ($50k max) are much less demanding than other types of USDA equipment loans and the person you deal with at the FSA office has almost complete discretion on deciding if you can get the loan. They have a bit of paperwork to get done but my startup loan was deposited 9 business days after I submitted my application. Buying cattle is considered an equipment loan which is the simplest type and my terms were 5 years @ 1.75%.
... and which is cattle?This is pretty much advice for everything in life. Having a drink is fine. Having twenty isn’t. I think when people hear loan they instantly associate it with overextending oneself.
Credit is an amazing tool for a business if you use it correctly and responsibly. Especially when used for an appreciating asset instead of a depreciating asset.
Damned TN with be the 50th state.You assumed incorrect.
As of July, 18 states and Washington D.C. have legalized recreational marijuana. Cannabis is legal for medical purposes in 37 states.www.businessinsider.com