Welcome to the Guide to Ag Financing, a course carefully curated to offer attendees a comprehensive introduction to agricultural loan products and the essential steps in preparing for a successful loan application. With agriculture serving as Georgia's primary revenue generator, this program aims to help agricultural producers demystify the loan process. Participants will acquire foundational knowledge in farm planning, the significance of well-prepared financial statements, and the specific criteria agricultural lenders look for in loan approvals. Join us and equip yourself with the knowledge and tools necessary to navigate the intricacies of agricultural financing with confidence!
Introduction of Agricultural Lending
Business Planning & Preparing for a Loan
Comprehend the diverse landscape of agricultural loan products and their structural frameworks.
Appreciate the significance of meticulous farm planning and crafting a robust business plan that outlines farming operations, objectives, strategies, and the producer's skills and experience.
Identify the prerequisites set by lenders for eligibility in agricultural loans, along with the estimated timeline for review and approval.
Recognize the array of financial statements indispensable for loan applications and grasp the criticality of maintaining their accuracy and timeliness.