Know why you want it, and how you'll pay for it. For example, if you're milking 15 cows and want to buy five more, show how the purchase will generate enough income to allow you to make payments and provide a profit to your operation. The loan officer will ask for your financial history and your record-keeping system. The loan officer will visit your enterprise, so consider things you can do to make a good impression. The more information you provide, the sooner your loan request can be evaluated.
All lenders provide the same types of loans.
One lender is as good as another. A lender experienced in agriculture is preferable to one with little experience. Test Key 1.