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Loan or grow?
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<blockquote data-quote="ddd75" data-source="post: 1481654" data-attributes="member: 23575"><p>whoops. my number is a little high for 25 hd.. i'd say a loan for 40k would do it. Loan was easy for me, I put my tractor (25k) up for collateral for a 50k loan, plus the cattle I bought with it. They'd probably want to see some more background info / previous cattle history / etc if you didn't have any collateral. I buy everything with 0 down and just use collateral. houses, cattle, equipment, etc.. whatever keeps the most money in my pocket to buy more with. Try to get established with a bank and soon you'll just have to say "I need this much"</p></blockquote><p></p>
[QUOTE="ddd75, post: 1481654, member: 23575"] whoops. my number is a little high for 25 hd.. i'd say a loan for 40k would do it. Loan was easy for me, I put my tractor (25k) up for collateral for a 50k loan, plus the cattle I bought with it. They'd probably want to see some more background info / previous cattle history / etc if you didn't have any collateral. I buy everything with 0 down and just use collateral. houses, cattle, equipment, etc.. whatever keeps the most money in my pocket to buy more with. Try to get established with a bank and soon you'll just have to say "I need this much" [/QUOTE]
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