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Financing your herd.
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<blockquote data-quote="TLCfromARK" data-source="post: 137313" data-attributes="member: 198"><p>Banks are a necessary evil for most of us. That being said I agree with most of the posters here, don't try to get too large a operation at first. </p><p></p><p> Start small, grow into a larger operation as you learn the ropes & get a little time on the job because that's what it is, a job. As my old Dad says " It ain't all scratching calves & cashing checks".</p><p></p><p> A small loan to establish a working relationship with the bank you choose ( if you've got the cash to cover the loan and use it as security you should get a better rate ) can be a good thing. It can go a long way to securing a larger loan should a good opportunity arise in the future to buy cows, equiptment, land, etc.</p><p></p><p> Good luck,</p><p> ;-)</p></blockquote><p></p>
[QUOTE="TLCfromARK, post: 137313, member: 198"] Banks are a necessary evil for most of us. That being said I agree with most of the posters here, don't try to get too large a operation at first. Start small, grow into a larger operation as you learn the ropes & get a little time on the job because that's what it is, a job. As my old Dad says " It ain't all scratching calves & cashing checks". A small loan to establish a working relationship with the bank you choose ( if you've got the cash to cover the loan and use it as security you should get a better rate ) can be a good thing. It can go a long way to securing a larger loan should a good opportunity arise in the future to buy cows, equiptment, land, etc. Good luck, ;-) [/QUOTE]
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