http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/26/the-cost-of-starting-a-new-farm/ Editors from FSB magazine answer your pressing small-business questions. Tue, 15 Dec 2009 12:52:55 +0000 http://wordpress.com/ hourly 1 http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/26/the-cost-of-starting-a-new-farm/#comment-2038 Grant Washington DC Tue, 03 Nov 2009 15:31:27 +0000 http://askfsb.wordpress.com/?p=371#comment-2038 I would not look to a bank for a capital equipment loan. The depreciation on the equipment and industry would not appeal to an investment advisor at a bank. I would seek out government grants from the USDA or SBA for micro loans which are up to $50k or 7(a) loans which can be used for capital improvement. Also look for state sponsored loans. Banks at least right now are the last place to look. Hopefully that helps. I would not look to a bank for a capital equipment loan. The depreciation on the equipment and industry would not appeal to an investment advisor at a bank. I would seek out government grants from the USDA or SBA for micro loans which are up to $50k or 7(a) loans which can be used for capital improvement. Also look for state sponsored loans. Banks at least right now are the last place to look. Hopefully that helps.

]]> http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/26/the-cost-of-starting-a-new-farm/#comment-2020 Jeff, Kemp Texas Sat, 24 Oct 2009 13:00:27 +0000 http://askfsb.wordpress.com/?p=371#comment-2020 I have done basically the same thing as Orien Bates, but I have 14 AC and 300 pecan trees. I have invested about 50K of my own money, and now need a SBL to buy processing equiptment to sell my product. What would be the best approach to the banker for a loan..? I have done basically the same thing as Orien Bates, but I have 14 AC and 300 pecan trees. I have invested about 50K of my own money, and now need a SBL to buy processing equiptment to sell my product. What would be the best approach to the banker for a loan..?

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