Young farmers face financing issues...an interesting article

[SASKFARMER]

Some farms do go for the big oppLoan but they have to give that amount of security to get up to 70 to 80% of the value.
It’s a whole Loan and they sign everything over to the banks. They are a corporation so when they are done it’s a real easy exit. 1800 RB.

If you want to play that game the banks play and they don’t lose.

[AlbertaFarmer5]

Some farms do go for the big oppLoan but they have to give that amount of security to get up to 70 to 80% of the value.
It’s a whole Loan and they sign everything over to the banks. They are a corporation so when they are done it’s a real easy exit. 1800 RB.

If you want to play that game the banks play and they don’t lose.

So, is that how some operations fund exponential growth? A huge operating loan, use that to pay for all the rent, inputs, equipment lease payments, and their own income? Then hope nothing goes wrong?