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Cattle Expansion Funding
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<blockquote data-quote="TTBHG" data-source="post: 1715679" data-attributes="member: 40862"><p>If you can borrow money for your operation at 1.75%, like a previous poster claimed, you'd be insane not to take every cent you could get. Inflation alone is rising faster than that so your own money is costing you more to use over a five year period versus that loan. </p><p></p><p>That doesn't even account for the opportunity loss cost of waiting to expand versus doing it now. Again, the math is quite simple but I suspect even if it was laid out in simple terms it would be labeled as fake news. </p><p></p><p>Again, if folks don't want loans then they should absolutely not get one but these folks commenting about how loans are worse than the devil are completely uniformed.</p></blockquote><p></p>
[QUOTE="TTBHG, post: 1715679, member: 40862"] If you can borrow money for your operation at 1.75%, like a previous poster claimed, you’d be insane not to take every cent you could get. Inflation alone is rising faster than that so your own money is costing you more to use over a five year period versus that loan. That doesn’t even account for the opportunity loss cost of waiting to expand versus doing it now. Again, the math is quite simple but I suspect even if it was laid out in simple terms it would be labeled as fake news. Again, if folks don’t want loans then they should absolutely not get one but these folks commenting about how loans are worse than the devil are completely uniformed. [/QUOTE]
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