Have a business plan and be prepared to discuss it along with a contingency plan. Don't hesitate in using outside resources, such as a consulting vet, Extension specialist, financial consultant or CPA, if you are experiencing some difficulty in the operations or are contemplating a significant change. By using an outside resource, you have added credibility to your plan in the eyes of banker. Good records prove your creditworthiness. Records are best used for management and decision making first.
Lenders use trend analysis to review a request for new or existing credit.
Trend analysis focuses on certain production factors, such as sow productivity, throughput as it relates to facilities, mortality, feed conversion and carcass performance. Lenders use financial trend analysis typically to review such things as profitability, return on assets, return on equity, leverage, liquidity which is typically defined as working capital and trends in cash flow performance.