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Cattle Expansion Funding
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<blockquote data-quote="Dave" data-source="post: 1715245" data-attributes="member: 498"><p>I am not afraid of some debt. It allows a person to take advantage of opportunity. Just don't get too far in. Be careful to keep it at a level that even if things go south you will still be able to pay it off. Example if I had 230 producing cows I would fell comfortable buying another 70 cows on credit. If things go in the tank 300 calves will still pay the piper. I use Farm Credit.</p></blockquote><p></p>
[QUOTE="Dave, post: 1715245, member: 498"] I am not afraid of some debt. It allows a person to take advantage of opportunity. Just don't get too far in. Be careful to keep it at a level that even if things go south you will still be able to pay it off. Example if I had 230 producing cows I would fell comfortable buying another 70 cows on credit. If things go in the tank 300 calves will still pay the piper. I use Farm Credit. [/QUOTE]
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