Agricultural financing is a slippery slope, especially in the economic climate in which producers are in. Securing that financing is tricky, even when you have the assets to borrow against. But what happens when you are a producer whose operation consists of more rented land than owned land? That is where FarmOp Capital comes in. They have options for farmers who find themselves in this very situation.
Bill York is a founding partner, CEO, and Chief Credit Officer for FarmOp Capital. He talks about the growth in this segment of producers. York says 60% of farmed land is rented. York says traditional lenders may not be as inclined to finance these operations.
York explains how FarmOp Capital approaches the lending process. They look at history and capability rather than just assets and dollar signs. Farmers need to have that reliable access to capital.
York says providing capital for producers who are renting more land gives them the stability they need to purchase their inputs with confidence. It allows them to get back to the business of producing a crop.
To find out more about what FarmOp Capital can do for you, visit their website.