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Cattle Boards
Grasses, Pastures & Hay
Do NGOs help or hinder?
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<blockquote data-quote="FiveOaksFarmGA" data-source="post: 1411291" data-attributes="member: 27644"><p>I looked into one of those USDA microloans once for an equipment purchase. They wanted more info than the banks, interest rate was higher, and processing time was in excess of 100 days. Highly ineffective for business purposes, so used NGO (John Deere Financial) to pay for the purchase with 0% interest. Have heard of others that have had good use of USDA loans, but not beneficial in my experience. Rarely does government solve a problem.</p></blockquote><p></p>
[QUOTE="FiveOaksFarmGA, post: 1411291, member: 27644"] I looked into one of those USDA microloans once for an equipment purchase. They wanted more info than the banks, interest rate was higher, and processing time was in excess of 100 days. Highly ineffective for business purposes, so used NGO (John Deere Financial) to pay for the purchase with 0% interest. Have heard of others that have had good use of USDA loans, but not beneficial in my experience. Rarely does government solve a problem. [/QUOTE]
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Do NGOs help or hinder?
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